https://www.taxtmi.com/acts?id=10403 Prescribed depreciation schedule under Income-tax Rules (rule 5(1A)) assigns specific percentage allowances of actual cost to defined asset classes for tax depreciation. It differentiates rates for generating plant, cooling and hydraulic works, buildings and civil works (including temporary erections), electrical and distribution apparatus, meters, vehicles, air conditioning, office fittings, hire assets, communication equipment and a residual category, thereby providing a classification framework for computing capital allowances. en-us Mon, 26 Jan 2009 10:58:47 +0530 Mon, 18 Oct 2021 15:45:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10403 Prescribed depreciation schedule under Income-tax Rules (rule 5(1A)) assigns specific percentage allowances of actual cost to defined asset classes for tax depreciation. It differentiates rates for generating plant, cooling and hydraulic works, buildings and civil works (including temporary erections), electrical and distribution apparatus, meters, vehicles, air conditioning, office fittings, hire assets, communication equipment and a residual category, thereby providing a classification framework for computing capital allowances. Act-Rules Income Tax Mon, 26 Jan 2009 10:58:47 +0530 https://www.taxtmi.com/acts?id=10403