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Depriciation on Invertor battery

saurabh gupta (72 Points)

07 January 2021

sir, what rate of depriciation charge on invertor battery.

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3 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 07 January 2021

15% depreciation

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Kapadia Pravin (17259 Points)
Replied 07 January 2021

Batteries used with UPS and forming system for power back up qualifies for depreciation at 60%

Krishna Chaudhary (Accountant) (4531 Points)
Replied 08 January 2021

For Machinery, General Rate of Depreciation is 15%. In addition, 20% Depreciation will be available in the first year for Industrial Undertaking and Power Generation Distribution business. However, if assets used for less than 180 days, then ½ of 35%(15%Normal Dep +20% Additional Dep) will be available.