Depreciation rate
This query is : Resolved
Tanweer Umer Mirza
(Querist)
02 September 2014
What is the depreciation onVehicleFurnitureComputersAir conditionersPls advise
03 September 2014
Vehicles
If used for Non Transportation ( Non Commercial Vehicles ) 15%
Commercial Purpose 30%
Furniture 10%
Computer 60%
Air Conditioners
Used in Factory & classified under Plant & Mach 15%
If classified as Office Automation & Equipment 10%
Rates Given are as per Income tax Act & for Full Year
If used for Non Transportation ( Non Commercial Vehicles ) 15%
Commercial Purpose 30%
Furniture 10%
Computer 60%
Air Conditioners
Used in Factory & classified under Plant & Mach 15%
If classified as Office Automation & Equipment 10%
Rates Given are as per Income tax Act & for Full Year
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