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Depreciation rate on Shuttering materials

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(Querist)
06 October 2010 Hi Sir,

Can a contracter who supplies shuttering materials like Bamboo, wooden phatta, etc while construction of building, can get depreciation of such shuttering materials?

If yes, then at what rate?
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CA Navin Jain

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CA Navin Jain (Expert)
06 October 2010 15%, plant & machinery

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