please tell me the depreciation rates applicable on the following assets:
1. fan
2.telephone equipment
3.air conditioner
4.fax machine
5.invertor
6.aquaguard
7.electrical equipment and fitting
8 lcd
9. paintings
10. water cooler
akash patni (industry) (74 Points)
05 May 2009please tell me the depreciation rates applicable on the following assets:
1. fan
2.telephone equipment
3.air conditioner
4.fax machine
5.invertor
6.aquaguard
7.electrical equipment and fitting
8 lcd
9. paintings
10. water cooler
Riyaz Khan
(CA CS (Exec) MBA (Fin) Asst. General Manager-SEBI Internal Auditor-British Certifications Inc.)
(1315 Points)
Replied 05 May 2009
15 % in all cases except in case of 8 and 9 i.e, 60 % on LCD in Computer LCD otherwise 15 %. and 10 % on Paintings....