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Depreciation rates for gold and silver vessels

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(Querist)
31 December 2009 Please tell me the Depreciation rates for gold and silver vessels AY 2009-10.
And also tell from where you get the rates.
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
31 December 2009 Whether these are used for the business purpose. Please tell about the nature of business in which such vessels are being used.

If no business use is there; no depreciation will be allowed.
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avinash

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avinash (Querist)
21 January 2010 yes sir, these are used for business purpose and are being asset of the business and not the stock in trade.
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avinash

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avinash (Querist)
21 January 2010

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