Depn on Air conditioner

This query is : Resolved 

20 August 2010 please confirm depreciation on air conditioner as per companies act & income tax act
Companies-13.91%
Income tax-Is it 10% (furniture) or 15%(P & M)

20 August 2010 Companies-13.91%
Income tax-15%

20 August 2010 13.91 %
15%


20 August 2010 Companies act - 13.91 and IT 15% as P & M.

20 August 2010 Thank u sir



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