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Depreciation rate

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(Querist)
30 August 2017 Sir,
Is DVD Writer& UPS eligible for 60% depreciation under Income Tax
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
30 August 2017 Yes eligible for 60% rate of depreciation.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
30 August 2017 If the assessee is covered under proviso to rule 5 of the the IT Rules,1962, then rate is 40%.
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