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Deprecation Rates

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 July 2011 What is the rate of Depreciation AS PER COMPANIES ACT on Electric instruments such as Digital Meters used by the Stores (Electrical) Department of a company for reading, measuring & other purpose ???
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Amol Gopal Kabra (CA,CS,DISA)

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Amol Gopal Kabra (CA,CS,DISA) (Expert)
18 July 2011 They shall be categorised as plant and machinery and are eligible for depreciation @ 13.91%

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