Tag Archives: Depreciation Rates

Income Tax Depreciation Rates Chart

Income Tax Depreciation Rates  APPENDIX I (Substituted by the IT (Sixth Amdt.) Rules, 2005, w.e.f. 2-4-2005.) [Effective from assessment year 2006-07 onwards] [See rule 5] TABLE OF RATES AT WHICH DEPRECIATION IS ADMISSIBLE Block of assets     Depreciation allowance as percentage of written down value 1 2 PART A TANGIBLE ASSETS I. Building [See… Read More »