HELLO FRIENDS,I WANT TO ASK IS CCTV CAMERA IS A FIXED ASSETS,IF YES THAN WHAT SHOULD BE ITS DEP RATE....THANX
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Cctv camera is fixed assets or not
Replies (2)
Sure we can captalize CCTV as a fixted assets under office equipment block eligible depriciation is 15 % as per CA and IT act
Isn't the depreciation rate 60%?
Please correct me if I am wrong!
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