Depreciation on CCtv Camera


20 February 2010 Respected Sir,
shall be CCTV Camera affixed in the factory premises of the company depreciate?

In which group it will fall?

Wht will be the rate of depreciation as per Co. Act & Income Tax Act?

24 February 2010 It shall be consider as plant & machinery

24 February 2010 Rate of Depreciation is 15%


27 August 2012 According to me cctv camera must be attached with a computer, so it can be charged at 60% dep as per income tax



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries