Tag: What is the Air Conditioner Depreciation

  • What is the Air Conditioner Depreciation Rate?

    First, we have to know what is the Depreciation Rate and What is the Air Conditioner Depreciation Rate? Under the Income Tax Act, depreciation is allowed to be deducted for the reduction in the real value of tangible or intangible assets used by a taxpayer. The concept of depreciation is used for the purpose of […]