Depreciation rates
ARCHANA (Account Assistant) (1011 Points)
27 January 2016
Karthik Shetty
(ac)
(77 Points)
Replied 27 January 2016
As per companies act-2013
Useful life-13
SLM - 7.31%
WDV - 20.58%
ARCHANA
(Account Assistant)
(1011 Points)
Replied 27 January 2016
sir,
As per Income Tax Act 1961, what is depreciation rates scanning machine and x ray machine used in diagnostic center
Karthik Shetty
(ac)
(77 Points)
Replied 27 January 2016
WDV- 40% for these all below stated equipments... as per IT act
Life Saving medical equipment being-
(a) D.C.Defibrillators for internal use and pace makers.
(b) Haemodialysors.
(c) Heart lung machine.
(d) Cobalt therapy unit.
(e) Colour Doppler.
(f) Spect Gamma Camera.
(g) Vascular Angiography System including Digital subtraction Angiography.
(h) Ventilator used with anaesthesia apparatus.
(i) Magnetic Resonance Imaging System
(j) Surgical Laser.
(k) Ventilator other than those used with anaesthesia