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Help-depreciation Charged on plant & Machinery

This query is : Resolved 
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(Querist)
02 December 2009 Hi,
I am purna working in DAESUNG ELECTRIC INDIA PVT. LTD. AS a Finance & Costing Officer. Our company is Automobile Industries, producing Automobile componets. All Machinery and its spare parts imported from korea. pls help me what are the depreciation as per IT Act
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CA Deepak S

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CA Deepak S (Expert)
03 December 2009 I think it is 15%
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
03 December 2009 15%
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Umesh M

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Umesh M (Expert)
03 December 2009 the assessee is eligible to avail additional depreciation @ 20% on new plant and machinery subject to fulfilment of certain conditions. Section 32(1)(iia)
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
03 December 2009 agree
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