Depreciation Rate

As per Income Tax Act depriciation Rate is 15% for all above assets and as per companies act i attached file hare please reffer it.

Bye.

Descripttion                                                Co. Act                                                      IT Act

A/c                                                                13.91(wdv)  4.75(slm)                            15

Refrigerator                                      ---do---                              ---do---

Microwave                                                         ---do---                              ---do---

Note : General rate is applicable as if it is applicable to Plant and Machinery

  @ above 

that was a good collection

Thanx Hussain.