The rate of depreciation for fluidized bed type heat treatment furnaces is:

CS Executive · Tax Laws · PYQS · June 2022
The rate of depreciation for fluidized bed type heat treatment furnaces is:
(A) 15%
(B) 20%
(C) 40%
(D) 30%

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax Act, 1961

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