https://www.taxtmi.com/acts?id=10403 Prescribes the depreciation allowances admissible on specified classes of assets under the income-tax rules by linking each asset category to a percentage of actual cost. The schedule classifies plant and machinery used in generating stations, cooling towers, hydraulic works, buildings, transformers, switchgear, lightning arrestors, batteries, cables, overhead lines, meters, vehicles, air-conditioning plants, office furniture and fittings, office equipment, internal wiring, street light fittings, apparatus let on hire, and communication equipment, with separate rates fixed for each sub-class. en-us Mon, 26 Jan 2009 10:58:47 +0530 Thu, 21 May 2026 15:46:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10403 Prescribes the depreciation allowances admissible on specified classes of assets under the income-tax rules by linking each asset category to a percentage of actual cost. The schedule classifies plant and machinery used in generating stations, cooling towers, hydraulic works, buildings, transformers, switchgear, lightning arrestors, batteries, cables, overhead lines, meters, vehicles, air-conditioning plants, office furniture and fittings, office equipment, internal wiring, street light fittings, apparatus let on hire, and communication equipment, with separate rates fixed for each sub-class. Act-Rules Income Tax Mon, 26 Jan 2009 10:58:47 +0530 https://www.taxtmi.com/acts?id=10403