Rate of depreciation
This query is : Resolved
16 November 2012
Dear sir,
what is the rate of depreciation in respect of plant and machinery,computer and furniture and fittings as per companies act for the ay 2012 - 13
what is the rate of depreciation in respect of plant and machinery,computer and furniture and fittings as per companies act for the ay 2012 - 13
16 November 2012
Under Income tax act -
Plant and Machinery - 15%
Computers- 60%
Furniture and Fittings- 10%
Plant and Machinery - 15%
Computers- 60%
Furniture and Fittings- 10%
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