Sir, kindly let me know the rate of roller depreciation used

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sunil (Querist)
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14 August 2011 Sir,
Kindly let me know the rate of roller Depreciation used in Aluminum Rolling mill. Since the rate of Iron and steel industry is 80 % in Rolling mill rolls as per Income Tax act. But the rate of Aluminum Rolling Mills Roller is not specified in the Income tax act.

So please let me know at an earliest.

Thanking you.

Regards
Sunil Gattani
C/o.Jai Bajrangbali Aluminum Products
A.T.Road Jorhat -785001 (Assam)
Cell No : 94350-51992

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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15 August 2011 Since separate rates for Aluminum Rolling Mills Roller is not given apply the rates as applicable to iron rolling rolls

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Sir, kindly let me know the rate of roller depreciation used

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