Whether Computer Printer and Computer Networking are also eligible for 60% Depreciation rate under income tax Act ???
Manoj Aggarwal (CA) (86 Points)
06 May 2008Whether Computer Printer and Computer Networking are also eligible for 60% Depreciation rate under income tax Act ???
Meenakshi
(C.A.Final Student)
(99 Points)
Replied 08 May 2008
computer printer is a machinery therefore dep rate is not 60% but correct rate is 15%
jaideep malik
(artical assistant)
(78 Points)
Replied 08 May 2008
hi,
could some one can tell me on which basis computer printer are classified as machinery ?
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)