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Depreciation rate on printer

srikumar (audit staff) (1203 Points)

17 September 2019

sir, what is depreciation rate on printer purchase at fy 2018-19,? it is computer related or machinery related 40 or 15 percent sir

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6 Replies

usha v c (charted accountant) (37 Points)
Replied 17 September 2019

And what is the depreciation rate of D Link?

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RAJA P M ("Do the Right Thing...!!!") (127977 Points)
Replied 17 September 2019

@ Sri Kumar.,

Printer is Computer related and depreciation rate @ 40%...

(*May be it's differ if it's used in printing industry...)

@ usha v c.,

can you explain the uses of the D-link...?
it's purchased by you or Your service provider installed their own risk...?

Kapadia Pravin (17259 Points)
Replied 17 September 2019

@ srikumar
40% depreciation on Printer

@ Usha
D link cost is very low less than 5000/- so it's to be written off 100%

Sudha Kar (4 Points)
Replied 17 September 2019

Depreciation rate for computer accessories is 40% I.e.UPS, Printer, Scanner etc. Depreciation is allowed even if cost is less than Rs.5000/-

RAJA P M ("Do the Right Thing...!!!") (127977 Points)
Replied 17 September 2019

Yes.. Yes... Yes...

I agreed to Mr Sudha Kar view...

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Kapadia Pravin (17259 Points)
Replied 17 September 2019

D link cost is hardly 600/- to 800/- for one Qty which one can debit directly to computer maintenance expenses in P&L. and write it off. If there are more then FA & depreciation .

As replied by Mr. Sudha Kar & Mr. Raja P M , there is no bar to treat D'link as Fixed Assets and claim depreciation at 40%.