Rates Of Depreciation Under Income Tax
| Building | Furniture | Plant & Machinery | |||
|---|---|---|---|---|---|
| Residential | 5% | Including Electrical Fittings | 10% | Plant & Machinery | 15% |
| Other than Residential | 10% | Vehicles Car/Jeep/Scooter | 15% | ||
| Temporary Wooden Structure | 40% | Motor buses/lorries/ taxies used in business of running on hire | 30% | ||
| Computer & Computer Software and Life saving medical equipment | 40% | ||||