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 Being an item of plant and machinery the rate of depreciation under the Companies Act is 13.91%(WDV Method) and under the I Tax it is 15%.

15 April 2009 13.91 % - Companies act
15 % - TAx


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