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Depreciation on electrical fittings

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(Querist)
20 June 2014 What is the rates for electrical fittings for calculating depreciation?
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CA. Vipin Saini

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CA. Vipin Saini (Expert)
20 June 2014 Electrical fittings are included in the category "Furniture & fitting" so rate of depreciation is 10% as per Income Tax Act.
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Rupesh Jain

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Rupesh Jain (Expert)
20 June 2014 you can take under the plant & machinery @ 15% if use for machinery.
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