Depreciation rate

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

30 March 2012 pls tell me how much i have to book dep for a firm with percentage of dep ?

Computer
Factory Machinery
Electric Fittings
Factory Building
Furniture & Fixtures
Land 1151000
Office Building 909000
Factory Machinery other 602000
Printer & Scanner 11300

kindly consider as urgent because its for F.Y. 2010-2011

Thanks in advance

CS, Deepak Pratap Singh

CS, Deepak Pratap Singh (Expert)
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30 March 2012 Dear Friend, You will charge depreciation as follows;

Computer 60%
Factory Machinery 15%
Electric Fittings 10%
Factory buildings 5-10%
Furniture & Fixtures 10%
Land NIL
Office Buildings 10%
Factory Machinery 25%
Printer & Scaners 15%

Thanks

Querist : Anonymous

Querist : Anonymous (Querist)

30 March 2012 Dear sir

Factory Machinery 15% and Factory Machinery 25%

both different rates on which machinery ?

1st Machinery is Crushing Machinery % ?
2nt Machinery is Pollution Control System % ?

thanks

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