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Depreciation

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(Querist)
18 December 2014 What is the rate of depreciation of generator as per income tax act and companies act,1956. Thanx
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
18 December 2014 Rate of Plant & Machinery will apply.

WDV - 13.91%
SLM - 4.75%
(Single Shift)

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