What is the Depreciation rate on newly installed CCTV?
Pls. hurry.
Thx
1 Replies
Yogesh Shah
(Managing Corporate Finance)
(1051 Points)
Replied 30 June 2009
Hi dude,
In my opinion dep. rate would be @ 13.91% under WDV method.
It is appropriate to include CCTV in P&M other than those for which Special rate has been prescribed.
( Anybody have different answer? - let me know. )
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