Depriciation as per income tax

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Querist : Anonymous

Querist : Anonymous (Querist)

16 December 2013 can we charge depreciation half rate on purchased office equipment like computer/ printer/table chair etc after 5.11.2013.

CA Kedar Sakhardande (Expert)
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16 December 2013 yes it has to be 50% of the normal income tax rate

Querist : Anonymous

Querist : Anonymous (Querist)

16 December 2013 HALF DEP.RATE APPLICABLE ALL ASSETS
EXAMPLE 1 PLANT & MACHINERY INCLUDE EQUIPMENT
2 OFFICE EQUIPMENT.

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