Whether Computer Printer and Computer Networking are also eligible for 60% Depreciation rate under income tax Act ???
5 Replies
ADVOCATE CA MOHIT SURESH GUPTA
(PRACTISING TAX ADVOCATE)
(824 Points)
Replied 06 May 2008
yes they are eligible for 60% dep
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 ?
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