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please send me rate of depriciation for the year 2008-09
I need depricision rate list as per company act & income tax act
hi,
i want to know rate of depreciation to be charged on furniture and fixtures asper I.T.Act for the financial year 2007-2008
Respected All,
Can anyone tell me what is the rate of depreciation for Computer Printer .
What is the depreciation rate charges on Air Conditioner as per Comapny Act, is it the same as charged on Office & other Equipments
Dear Sir
I want to know the following fixed assets Dep. Rates under I.T Act.
Land & Bldgs, motor & bicyale,AC,Electric goods,fire extingusher,office equipment,computer,furniture & fixture etc.
Thanks
hey
as per income tax act it is 100% as per co act there is no rate of dep for computer software but when we switch to as -26 it allow us to write off such asset as per slm or any other better method which is more suitable for it
As per Income Tax the dep rate is 60% on computer related softwares &
As per AS 26 u can write off it as per SLM or any other better method suitable for it
i hpoe u willbe satisfied with this
it is 60% as per income tax act
and as per as-26 u can write off it on slm basis in ten year or any better suitable method
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