Deperication Rates of Fixed assets


This query is : Resolved 

Quick Summary
This discussion clarifies the depreciation rates for fixed assets, specifically an e-bike and a chemical mixing machine. The chemical mixing machine, used for general chemical purposes rather than construction, is subject to a 15% depreciation rate. This distinction is important for accurate asset accounting and tax calculations.

03 April 2023 Dear Sir,

Please provided deprecation Rates % of Ebike and Mixture Machine

04 April 2023 Is mixture machine the same which is used in construction industry?

08 April 2023 Sir, No its purchase for mixing of Chemical.

08 April 2023 If its general chemical mixture, rate of depreciation would be 15%.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details