Considering various factors such as cost , usage of asset, FMV type of asset, it's expected life.. And etc. But in Tax under PGBP, CBDT has provided depreciation rates for various block of assets.
Tanvi Rathod
CA Inter
★ 85
10-Dec-22 20:47
Based on the cost,usage, expected life, other Company's method, policy the company follows.
The management only decides it .
Shankari C
CA Inter
★ 12K+
10-Dec-22 20:53
Based on method of depreciation in accounting
Based on type of asset in income tax
R Yashwanth Kumar
CA Final
★ 87K+
10-Dec-22 22:56
The depreciation rate can also be calculated if the annual depreciation amount is known. The depreciation rate is the annual depreciation amount / total depreciable cost.Â
