Hello,
Purchased Drilling machine for office use.
Q1. Is that to be included in depreciation ?
Q2. It Should come under Plant & Machinery / Office Equipments
Q3. Rate for it ?
thanks in adv
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Depreciation - Drillin machine
Replies (3)
Office equipment
15%
15%
Should be under Plant and Machinery depreciated at rate of 15%
But it should be shown under office equipment also
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