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Depreciation

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(Querist)
26 August 2008 on refrizerator, A/C machinery which are used for office purpose(in CA Firm) at what rate we can claim Depreciation.These can be considered as plant and machiney or not?
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CA. Dashrath Maheshwari

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CA. Dashrath Maheshwari (Expert)
26 August 2008 Its under the block of plant & machinery. You should charge depreciation at general plant & Machinery depreciation rates.
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CHEZHIYAN

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CHEZHIYAN (Expert)
26 August 2008 Plant & Machinery
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
27 August 2008 Plant and machinery also includes office equipment and as such, Refrigerator and AC etc may also be depreciated at 15%.

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