A company’s depreciation expense reduces the number of earnings on which taxes are based, thus reducing the amount of tax payable. The larger the depreciation expense, the lower the taxable income, and the lower a company’s tax bill.
This being the last quarter of the financial year, it is the right time for capital expenditure for any company, so that they can claim depreciation on the machinery purchased & save on taxes.
If you have been planning to invest in any material-handling/truck-loading solution, the right time is now!
Nandan GSE, a three times ISO certified company founded in 1991, is the leading designer and manufacturer of Ground Support Equipment & Material Handling Solutions used in Aviation GSE, Aerial Access Equipment, Aerospace & Defence Equipment, Truck Loading Solutions, Car Parking, Solutions & Entertainment Systems.
Aviation Ground Support Equipment
Material Handling Equipment
Aerial Access Equipment
Aerospace & Defence Equipment
Truck Loading Solutions
Car Parking Solutions