Purchase Equipment Before September 30 for Double First-Year Depreciation
Buy cameras, laptops, equipment before Sept 30 deadline to claim DOUBLE depreciation in Year 1 - save ₹50,000-2,00,000 in taxes
What is This Hack?
Strategic timing of equipment purchases before September 30 lets you claim full-year depreciation instead of half, effectively doubling your first-year tax deduction and saving lakhs in taxes
Key Benefits
- Potential savings: ₹50,000-2,00,000 (Year 1, depending on equipment value)
- Implementation time: 1 day (planning), ongoing (annual ritual)
- Legal status: fully legal
- Risk level: zero
Important Considerations
This hack has a zero risk level. While it's completely legal, proper implementation requires careful attention to compliance requirements. Consider consulting a CA for personalized guidance.
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