Depreciation rate

CA Anil Sah (Jr. Manager (F&A) PSU) (139 Points)

16 June 2011  

 

Hello Friends, what is the rate of depreciation as per company act for bamboos used as a stake in agriculture activities carried by company. These bamboos are used in said activities around 3 years. The company act provides 100% dep in case of “Purely temporary erections such as wooden structures” but it is provided under the heading of building.    Can I claim 100% dep on such bamboos? (Normally these stakes are used in farmhouse to support the plant) .