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Depreciation Rates for the A.Y. 2008-2009

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(Querist)
17 July 2008 I am working in a school and I want to know about the Depreciation Rates for the A.Y. 2008-2009.

specially, depreciation on library books.

please let me as soon as possible
thanking you,
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
17 July 2008 Depreciation rates for books under I tax are as per under :

For professionals:
Annual Publications 100%
Other than annual 60%

For Library Business 100%
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