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 ???
ADVOCATE CA MOHIT SURESH GUPTA
(PRACTISING TAX ADVOCATE)
(824 Points)
Replied 06 May 2008
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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