Depreciation rate

Generator will be treated as plant and machinery, so apply the P& M rate.

hi,

      The generator will be treated as plant and machinary so it  15% depraciation is applicable.

Regards

Harsha

Generator will be treated as plant and machinery, so apply the pm rate i.e. exp. 13.91 (wdv, single shift) as per shift and method used by company.

Ms Harsha  -15% rate is according to IncomeTax Act,According to Companies  Act rate is-13.97%,.as said by Mr.Rakesh...........

Is 13.97%  WDV rate or SLM???

13.97 is SLM