rate of depreciatin
Ankit chaturvedi (CA in Practice) (241 Points)
01 September 2017
what is rate of depreciation on printer and generator as per wdv method?? please reply me early
2 Replies
Ashwin Kumar
(1234 Points)
Replied 01 September 2017
Under sec 32(2)(5)(1) Depreciation computers is 60% I think the same is applicable to printers also
Ashwin Kumar
(1234 Points)
Replied 01 September 2017
For machineries not specified in the block the general rate is 15%
Recent Topics
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF UNCLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
