https://www.taxtmi.com/circulars?id=4861 The specified period for depreciation, determined at acquisition under section 205(5) read with section 350 with reference to income-tax rates then in force, need not be changed when income-tax depreciation rates later change; companies may provide depreciation under clause (b) of section 205(2) on the basis of the rates in force at the time of acquisition. en-us Wed, 21 May 1986 00:00:00 +0530 Mon, 04 Aug 2008 13:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4861 The specified period for depreciation, determined at acquisition under section 205(5) read with section 350 with reference to income-tax rates then in force, need not be changed when income-tax depreciation rates later change; companies may provide depreciation under clause (b) of section 205(2) on the basis of the rates in force at the time of acquisition. Circulars Income Tax Wed, 21 May 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4861