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Depreciation rate

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(Querist)
27 March 2010 What is depreciation rate for Fire extinguisher under income tax act?
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CA Archana

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CA Archana (Expert)
27 March 2010 It should be included in office equipment so use rate 60%
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Rahul Gupta

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Rahul Gupta (Expert)
27 March 2010 Not specifically Given in Depreciation Schedule...But i Think it is 80%.
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
27 March 2010 i think under electrical equipment 80%

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