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Depreciation of Vaccum cleaner

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Kallol Sarkar

Accountant

126 Points Posted on 01 August 2022

What is the depreciation rate of Vacuum Cleaner as per Company Act and under which asset classification it comes in ?

Replies (2)

Quick Summary

This discussion clarifies the depreciation rate and asset classification for vacuum cleaners according to the Indian Company Act. While general electrical fittings and fans are depreciated at 10%, robotic vacuum cleaners are typically classified under 'Office Equipment'. Using the Written Down Value (WDV) method, the depreciation rate for such equipment is approximately 25% per annum.

Yasaswi Gomes new

Finance

3328 Points Posted on 05 August 2022

Depreciation on furniture and fitting including electrical fitting: 10% electrical fittings include electrical wiring, switches, sockets, other fittings and FANS, etc. it means depreciation on FANS is also 10%. You can use the Fixtures and Fittings head not unless there is a compliance issue.

Rosti Mayes

mechanic

22 Points Posted on 05 June 2025

hey there i know an answer for your question
According to the Companies Act (India), a robotic vacuum cleaner like the bobsweep typically falls under the "Office Equipment" asset classification for depreciation purposes. Under the Written Down Value (WDV) so the depreciation rate is approximately 25% per annum