HELLO FRIENDS,I WANT TO ASK IS CCTV CAMERA IS A FIXED ASSETS,IF YES THAN WHAT SHOULD BE ITS DEP RATE....THANX
2 Replies
Ananth Padmanaban
(Articled Assistant)
(2 Points)
Replied 08 October 2018
Sure we can captalize CCTV as a fixted assets under office equipment block eligible depriciation is 15 % as per CA and IT act
Prachi Bansal
(3129 Points)
Replied 07 April 2021
Isn't the depreciation rate 60%?
Please correct me if I am wrong!
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