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Applicability of depreciation, Income Tax

Issue Id: - 774
Dated: 6-5-2008
By:- Sanjeev Sharma

Applicability of depreciation


  • Contents

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

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1 Dated: 13-5-2008
By:- Surender Gupta
The meaning of computer is not limited to CPU or Monitor of any specific part. In general printer is also forming part of computer system and therefore would be eligible for higher depreciation.

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