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Rate of Depreciation - Req.

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(Querist)
20 November 2009 Please let me have the rate of depreciation for HPLC (High Performance Liquid Chromotography) & GC (Gas Chromotography) equipments used in Lab of Pharma Industry, for testing & certification of Pharma Products.
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chetan soni

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chetan soni (Expert)
20 November 2009 This will be part of plant & machinery as per income tax act provisions and the applicable rate of depreciation will be 15% p.a.
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
20 November 2009 Rate 15%
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