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Depreciation chart as per Income Tax Act for FY 2012-13 and AY 2013-14

Depreciation chart as per Income Tax Act for FY 2012-13 and AY 2013-14 is as under:

ASSET CLASS BLOCK NUMBER SUB ITEM NUMBER ASSET TYPE RATE OF DEPRECIATION
Building Block-01 i. Residential buildings except hotels and boarding houses 005%
Building Block-02 ii. Other than Residential buildings (not covered in Block No.1 &3) 010%
Building Block-03 i. Buiding acquired on or after 01st Sep,2002 for installing P&M forming part of water supply project or water treatment systmen and which is put to use for the prupose of business of providing infrasturcture facilities u/s 80-IA(4)(i) 100%
Building Block-03 ii. Purely temporary erections such as wooden structures 100%
Furniture Block-04 i. Furniture – Any furniture / fittings including electricals fittings 010%
Plant & Machinery Block-05 i. Motor cars other than thouse used in a business of running them on hire 015%
Plant & Machinery Block-05 ii. P&M other those covered in block no. 6 to 11 below. 015%
Plant & Machinery Block-06 i. Motor buses/taxies/lorries used in a business of running them on hire 030%
Plant & Machinery Block-06 ii. Moulds used in plastic and rubber factories 030%
Plant & Machinery Block-06 iii. P&M used in semi conductor industry other than those covered in Block no. 11 below 030%
Plant & Machinery Block-07 i. Aeroplanes-Aeroengies 040%
Plant & Machinery Block-07 ii. Commerical vehicle acquired on or after 01st Oct,1998 but before 01st Apr,1999 and is put to used before 01st Apr,1999 for purpose of Business or Profession (B or P) 040%
Plant & Machinery Block-07 iii. Sepcified life saving medical equipment 040%
Plant & Machinery Block-08 i. New commerical vehicle acquired/purchased on or after 01st Apr 2001 but before 01st Apr,2002 and put to use before 01st Apr,2002 for (B or P) 050%
Plant & Machinery Block-08 ii. New commercial vehicle acquired/purchased on or after 01st Jan,2009 but before 01st Oct,2009 and put to use before 01st Oct,2009 for (B or P) 050%
Plant & Machinery Block-08 iii. Glass or Plastic containers used as re-fills 050%
Plant & Machinery Block-08 iv. P&M used in weaving , processing and garment sector of textile industry purchased under TUFS on or after 01st Apr,2001 but before 01st Apr,2004 and put to use before 01st Apr,2004 050%
Plant & Machinery Block-09 i. Computers and computer software 060%
Plant & Machinery Block-09 ii. Books owned by professional (other than annual publications or books owned by assesses carrying on business in running lending libraries) 060%
Plant & Machinery Block-09 iii. Gas cylinder,valves and regulators. Direct fire glass melting furnaces, Plant used in filed operations distribution above/below ground but not include kerbside pumps & underground tanks and fittings used in field operations (distribution) by mineral oil concerns. 060%
Plant & Machinery Block-10 i. Energy saving and renewal energh devices,Rollers used in flour mills and sugur works, Rolling mill rolls used in iron and steel industry. 080%
Plant & Machinery Block-11 i. P&M acquired and installed on or after 01st Sep,2002 in water supply project or a water treatment system and put to use for the purpose of business of providing infrasturcture facility u/s 80-IA(4)(i). 100%
Plant & Machinery Block-11 ii. Wooden parts used in artificial silk manufacturing machinery 100%
Plant & Machinery Block-11 iii. Cinematograph films- bulbs of studio lights. 100%
Plant & Machinery Block-11 iv. Mach factories-wooden match frames. 100%
Plant & Machinery Block-11 v. Windnig ropes,Tubes, haulage ropes and sand stowing pipes, and safety lamps used in mines and quarries 100%
Plant & Machinery Block-11 vi. Salt works-Salt pans, resrvoirs and condensers , etc. made of earthy,sandy or clayey material or any other similar material 100%
Plant & Machinery Block-11 vii. Books owned by assesses carrying on a profession , being annual publications. 100%
Plant & Machinery Block-11 viii. Books owned by assessees carrying on business in running lending libraries. 100%
Plant & Machinery Block-11 ix. Water pollution,Air Pollution control equipment, control equipment, solid waste control equipment, solid waste recycling and resource recovery systems. 100%
Ships Block-12 i. Ocean going ships 020%
Ships Block-12 ii. Vessels ordinarily operating on inland waters, not covered in below items 020%
Ships Block-12 iii. Vessels ordinarily operating on inland waters being speed boats. 020%
Intangible Assets Block-13 i. Know-how, patents, copyrights,trademarks, licences, franchisees or any other business or commercial rights of similar nature.