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Depreciation

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(Querist)
30 June 2009 Dear sir,

i want to ask what is the depreciation rate on Airconditioner as per income tax act

thanks and regards
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Guest (Expert)
30 June 2009 According to Income Tax Act - 15 %
and Companies act 13.91 %
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CA. Gurdeep Singh Chawla

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CA. Gurdeep Singh Chawla (Expert)
30 June 2009 15%
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CA. Amit Daga

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CA. Amit Daga (Expert)
30 June 2009 Deepak is correct.. and in case of companies act its minimum rate.. you can take more than this

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