depreciation rates

please tell me the latest dep. rates of assets as per companies act

Hi find attached Dep Rate as per IT

Dear Sir,

I think Rs. of 5000/- Items not required to input Fixed Asstes. You Book in exp.

Even for Items amounting to Rs.5000/- , you are required to treat it as fixed assets for income tax purpose though our accounting standard 6 says that you can fully write off the asset amounting to Rs.5000/- or less but it is only in case of companies act and not in case of income tax act

A201AE15

Good Morning,

What is the depreciation rate on Generator 

DEP RATES FOR UPS

depreciation on generator will be charged @ 15%p.a.

UPS is not the part of an asset. therefore no deprecation rate shall be applicable.

I am accountant i want to chart of depreciation rate as per incometax act & as per compnay act.

Can u mail me full depreciation chart as per Income Tax act & Companies act
 

The information about me..

the deprecition on asstes....