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Depreciation

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(Querist)
17 September 2010 What shud b the Depn rate on "TRUE COUNTER MACHINE"?

Rupesh
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CMA Chandan Singh

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CMA Chandan Singh (Expert)
17 September 2010 It should be come under the "Office Equipment" in fixed Assets Register & Rate of Dep. is 4.75% as per Companies Act.
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Rupesh Maheshwari

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Rupesh Maheshwari (Querist)
18 September 2010 I need depn rate as per Income Tax Rules
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CMA Chandan Singh

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CMA Chandan Singh (Expert)
20 September 2010 15%
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Rupesh Maheshwari

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Rupesh Maheshwari (Querist)
20 September 2010 thnks

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