rate of depreciation


This query is : Resolved 

15 April 2009 Dear all,

can someone tell me the rate of depreciation on water softner.

15 April 2009 13.91%(Co Act)
15%(ITax)


15 April 2009 in case of water softner used in office premises e.g Kent water purifier....the rate of depn is 15 % as per I.T Act....and if you are referring to a water softner used in the water tratement system which turns hard water into soft water for water supply project for infrastructure facilities....then the rate of depn is 100 % as per I.T Act.

16 April 2009 Dear Parthsarthy ji,

I am referring to a water softner which is used to turn hard water into soft water so as to keep the dies of the machines cool and hardness free.

Girish


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