Depreciation on air conditioner

 Friends

Any responses please.

Regards

Very Correct Answer Amit.....

Hi,

Air Conditioner is generally classified as Electrical Installations and Equipment which has a useful life of 10 years which is a fair estimate of the life of an AC in common parlance.

What is now the depreciation value of Air Conditioners? 

The depreciation value of Air Conditioners is 15%

Hope it helps!

When an air-conditioner is utilized for business purposes and falls within a block of assets, it is subject to a depreciation rate of 15%. 

Depreciation Rates as per Income Tax Act for FY 2023-24  - https://www.caclubindia.com/articles/depreciation-rates-as-per-income-tax-act-for-fy-2023-24-49584.asp