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WOOD FLOWER VASE

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(Querist)
01 March 2022 Dear All,

What is the depreciation rate of Wood Flower Vase & in which head it comes (Eg : Furniture & Fixtures)?

Rate need as per Income Tax Act 1961


Thanking you
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
01 March 2022 Depreciation Rate as per IT act ... 10% on Furniture & Fixtures
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
01 March 2022 Consider it under furniture and fittings charge 10% depreciation under income tax.
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Suhasini Lad

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Suhasini Lad (Querist)
02 March 2022 Thank you sir, for your reply.

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