Depreciation rate of Air Conditioner
Md saif Ali (34 Points)
21 December 2020
i want to know annual rate of depression of AC
2 Replies
Divyam Agarwal
(Practicing Chartered Accountant)
(959 Points)
Replied 21 December 2020
As per Income Tax Act 1961, it attracts rate of 15%
sewabils
(Bachelor's degree)
(22 Points)
Replied 25 June 2021
There are always some problems with these air conditioners. I remember when I had about the same problem, I tried to solve everything myself. Do you want to know what happened? I've only made it worse(
Recent Topics
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
Related Threads
CAclubindia
