Rate of depreciation

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Querist : Anonymous

Querist : Anonymous (Querist)

03 July 2010 pls. tell me what is the rate depreciation of furniture , tools & equipment for f.y-09-10

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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04 July 2010 Furniture:

as per companies act---18.10%
as per income tax act---10%

Tools & Equipments:

as per companies act---13.91%
as per income tax act--15%

For details visit below link---

https://kwatraonline.com/OtherpageTheme6.aspx?TYPE=HORIZONTAL&CompanyID=0&PAGENAME=RATES%20OF%20DEPRECIATION&Parent=Utilities&Current=Rates%20of%20Depreciation%20Under%20Company%20Act

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