Depreciation calculation

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Sreejith. M (Querist)
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04 April 2016 What is the percentage of Depreciation for Items purchased for our society for the FY 15-16

1, Computer software
2, Furniture
3, Computer & printer
4, Airconditioner
5, Multi Functional Printer
6, Water Dispenser
7, Steel Magazine stand
8, UPS
9, Microwave oven & Fridge

Experts kindly reply how to calculate depreciation and its percentage for each item as I am doing Accounts finalization for the first time.

venkata krishna reddy

venkata krishna reddy (Expert)
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05 April 2016 check this site https://hubpages.com/money/Depreciation-rates-for-Income-Tax-Act-AY-2012-13

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