Rate of Depreciation - Req.
This query is : Resolved
K.A.SARAVANEN
(Querist)
20 November 2009
Please let me have the rate of depreciation for HPLC (High Performance Liquid Chromotography) & GC (Gas Chromotography) equipments used in Lab of Pharma Industry, for testing & certification of Pharma Products.
chetan soni
(Expert)
20 November 2009
This will be part of plant & machinery as per income tax act provisions and the applicable rate of depreciation will be 15% p.a.
CA Ravi Sisodia
(Expert)
20 November 2009
Rate 15%
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