Depreciation rates as per it & companies act.

Others 949 views 1 replies

Dear Sir,

  Please assist me to provide the depreciation rates as per companies act. & IT act.for below mentioned equipments. 

Air conditioner, Motor cycle, Sumo, Car, Excavator, Roller, Batching Plant, Camera, Office furnitures, Computers, Residential & office buildings, Shuttering Materials.

An early reply would be very much appreciated.

Thanks & Regards

B D REDDY.

 

 

 

Replies (1)

hello sir,

As per it act

Air conditioner, Motor cycle, Sumo, Car, Excavator, Roller, Batching Plant, Camera,Shuttering Material are depreciated at the rate of 15%

Office furnitures           10%

Computers                     60%

Residential  building        5%

office buildings                 10%

 


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