Depreciation Rate for Furniture, Plant & Machinery
80% Depreciation Rate (40% w.e.f 1.4.2017) 60% depreciation rate is applicable for the following types of plant and machinery. However, the same has been reduced to 40% with effect from 1.4.2017. Rollers used in flour mills, rolling mill rolls used in iron and steel industry, rollers used in sugar works, energy-saving devices, renewable …
