Rate of Depreciation

Hi Ruchi,

Rate shall be as applicable to P&M- General i:e 15%

If it is put to use for less than 180 days during the PY then rate shall be 7.5%

yah amir is right

thanks amir and karan

15% - Full year 

if less than 180 days then half of 15% i.e 7.5%

15%- FULL YEAR

7.5%- HALF YEAR

Depreciation is to be charged @ 15% because for any assets the rate of  which is not given in Sec 32.....a general rate of 15% is to be charged

the rare of depreciation of cycle u/s 32 is 15%

thanks to all for your replies :)