MOBILE IS NOT A PART OF FURNTIURE & FIXTURES BLOCK RATHER IT IS A PART OF PLANT & MACHINERY BLOCK WHICH IS ENTITLED TO DEPRECIATION @ 15%P.A.
mobile & mobile battery depreciation rate
Page no : 2
Bimal Makwana
(Accountant)
(23 Points)
Replied 23 September 2015
I agree regarding it comes under plant and machinery. But don't you think now it should come under computer? Mobile technology is faster than computer second thing mobile is also as much as computer so it should be under the block of 60% instead of 15%. What you say?
S. Shiroor
(Others)
(1207 Points)
Replied 23 September 2015
No! Smart phones and Tablets only will come under Computer.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 30 January 2021
https://www.incometaxindia.gov.in/Charts%20%20Tables/Depreciation%20rates.htm
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