Tax Depreciation on Printer & Computer Networking

Manoj Aggarwal (CA) (86 Points)

06 May 2008

Whether Computer Printer and Computer Networking are also eligible for 60% Depreciation rate under income tax Act ???

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5 Replies

Gupta Mohit (CA) (824 Points)
Replied 06 May 2008

yes they are eligible for 60% dep

bishan singh negi (service) (104 Points)
Replied 07 May 2008

yes it is 60%

CA. Gurdeep Singh Chawla (C A) (7080 Points)
Replied 07 May 2008

yes

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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