Depreciation

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Alankar Choudhari (Querist)
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24 July 2012 Has there been any change in rates of depreciation for AY 2012-13...?
Please, reply fast...
Thanx in advance....

Rupinder Kaur

Rupinder Kaur (Expert)
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24 July 2012 Hello Mr. Choudhary,

I would like to inform you that, there is no change in depreciation rates for A.Y. 2012-13.

It was proposed to increase the depreciation on Plant & Machinery from existing rate of 15% to 25%, but was not approved.

So, the rates are same as for A.Y. 2011-12.

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Alankar Choudhari

Alankar Choudhari (Querist)
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24 July 2012 Thanx a tonne....

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