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Depreciation on Air Conditioner.

Ajit Choudhary (32 Points)

13 December 2021

Depreciation rate on AC machine in AY 2021-22 ?

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Tanuj Chandra Saxenaa (Company Secretary) (7070 Points)
Replied 13 December 2021

Depreciation on Air conditioner as per Income tax act is 15%

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sabyasachi mukherjee (27312 Points)
Replied 14 December 2021

If it is used for production purposes otherwise 10%.
If classified for office equipment 15%.
It's all depending on useful life.

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