Depreciation for Partnership Firm

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Hasmukh Nakarani (Querist)
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17 February 2010 Please tell me the rates of Depreciation for Partnership Firm as per companies act for following?

1 ) Air Conditioner
2 ) Celling Fan
3 ) Computer Systems
4 ) Mobile Phone
5 ) Furniture
6 ) Refrigrator

Amol Gopal Kabra (CA,CS,DISA)

Amol Gopal Kabra (CA,CS,DISA) (Expert)
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17 February 2010 The rates given under companies act are not applicable to partnership firms. Still the rates of the mentioned assets under companies act are as below. The rates given are for wdv method:

1 ) Air Conditioner - 13.91%
2 ) Celling Fan - 13.91%
3 ) Computer Systems - 40%
4 ) Mobile Phone - 13.91%
5 ) Furniture - 18.10%
6 ) Refrigrator - 13.91%