Easy Office
Easy Office

Depreciation rate

This query is : Resolved 

01 May 2008 according to income tax

1.on Bus which is used for transportaion of the employees of the company.
2. on truck which is used for goods carriage of the company.
3. on generator
4. jigs and fixture
5. water & air supply system
6. cycle shed.
7. attendence data processing system.

01 May 2008 1.Generator 15%
2.Air compresser & Circulater 15%
3.Motor Lorry for transportation of company employees if it is registered in RTO as commercial vehical then it is 40%
4.TRuck 40%
5.Photocopier machine 15%
6.cycle shed 10%
7.tools & implements igs & fixtures 15%
8.Attandence data processing system 15%
9.water air supply system 15%

18 January 2010 On motor lorry & Truck the rate of depreciation will be 15 %.





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