depreciation diff

can you please tell me the treatment of depreciation in case of impairment of assets as per income tax act

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HI;
 
WHY THERE IS A DIFFERENCE IN FINANCIAL BOOK DEPRECIATION AND INCOME TAX RETURN,
A LIFE OF MACHINARY IS 10 YEARS AND SCRAP VALUE IS 50,000.00 PURCHASE VALUE 8,00,000.00 AS ON 01.01.2005
 
THEREFORE, I HAVE CALCULATED DEPRECIATION FOR MACHINARY AS:
750, 0000/10 = 75,000.00 P.A ($ 6,250.00 P.M)
BUT AS PER 2008 RETURN FILE THE DEPRECIATION AMOUNT OF MACHINARY IS ONLY 53,500.00 FOR 2008
 
CAN ANYONE PLEASE EXPLAIN AND HELP ME ON THIS?
ALSO, WHICH AMOUNT OF DEPRECIATION I SHOULD SHOW IN MY BOOKS OF ACCOUNTS?