Q. 1. if plant & machinery use in office than how much dep. allowed
1. normal depriciation = ?
2. if any plant machinery purchased is old than how much dep allowed = ?
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depriciation problem ?
Replies (2)
15% in both cases , the new machine condition for claiming additional dep under income tax .
https://www.incometaxindia.gov.in/charts%20%20tables/depreciation%20rates.htm
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