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Depreciation rate as per income tax rate

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(Querist)
14 June 2013 Dear Sir,
What is depreciation rate as per income tax on Trademark and Website?
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CA Kapil Verma

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CA Kapil Verma (Expert)
14 June 2013 depreciation on intangible assets is 25%
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
14 June 2013 Website would fall under definition of intangible asset on which depreciation @ 25% is allowable.

Citation:- Makemytrip (India) Pvt. Ltd. Vs. Deputy Commissioner of Income-tax ,I.T. A. No.3916/Del/2009 (ITAT- Del).
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