Depreciation on Air Conditioner.
Ajit Choudhary (32 Points)
13 December 2021
Depreciation rate on AC machine in AY 2021-22 ?
2 Replies
Tanuj Chandra Saxenaa
(Company Secretary)
(7075 Points)
Replied 13 December 2021
Depreciation on Air conditioner as per Income tax act is 15%
sabyasachi mukherjee
(27682 Points)
Replied 14 December 2021
If it is used for production purposes otherwise 10%.
If classified for office equipment 15%.
It's all depending on useful life.
If classified for office equipment 15%.
It's all depending on useful life.
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