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(Querist)
25 May 2009 vi
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Deepak Agrawal

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Deepak Agrawal (Expert)
25 May 2009 There is not fixed tax rate for depreciation on software in companies act. It will be as per AS-26

In income tax act, its 25%
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dude*

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dude* (Querist)
25 May 2009



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dude*

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dude* (Querist)
25 May 2009 as per SLM co's act
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
25 May 2009 Computer's can be classified under the head" data processing machine inculding computers" and accordingly depreciation under co's act as per SLM can be claimed @ 16.21%.

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