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Depreciation

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Querist : Anonymous (Querist)
23 March 2011 office applinaces (i.e. internet modem & lan switch) whether depreciation is chargeable in plant & machinery 15% or furniture 10%
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CA Namrata Dedhia

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CA Namrata Dedhia (Expert)
23 March 2011 Internet modem and lan switch can be treated as part of computer hardware and depreciation can charged at 60%.

Other office appliances to be considered as plant & machinery with rate of 15%.

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