Income Tax Depreciation Rates for vaious assets viz. Building Residential, Factory, Plant and Machinery, Motor Car, Buses, Lorries, Computer and software, Furniture, Patents applicable with effect from AY 2006-07.
| Asset | Dep. allowance as percentage of written down value | |
|---|---|---|
| Part A - Tangible Assets | ||
| I. BUILDING [See Notes 1 to 4 below the Table] | ||
| (1) | Buildings which are used mainly for residential purposes except hotels and boarding houses | 5 |
| (2) | Buildings other than those used mainly for residential purposes and not covered by sub-items (1) above and (3) below | 10 |
| (3) | Buildings acquired on or after the 1st day of September, 2002 for installing machinery and plant forming part of water supply project or water treatment system and which is put to use for the purpose of business of providing infra- structure facilities under clause (i) of sub-section (4) of section 80-IA | 100 |
| (4) | Purely temporary erections such as wooden structures | 100 |
| II. Furniture and Fittings | ||
| Furniture and fittings including electrical fittings [See Note 5 below the Table] | 10 | |
| III. Machinery and Plant | |||
|---|---|---|---|
| (1) | Machinery and plant other than those covered by sub-items (2), (3) and (8) below : | 15 | |
| (2) | Motor cars, other than those used in a business of running them on hire, acquired or put to use on or after the 1st day of April, 1990 | 15 | |
| (3) | (i) | Aeroplanes - Aeroengines | 40 |
| (ii) | Motor buses, motor lorries and motor taxis used in a business of running them on hire | 30 | |
| (iii) | Commercial vehicle which is acquired by the assessee on or after the 1st day of October, 1998, but before the 1st day of April, 1999 and is put to use for any period before the 1st day of April, 1999 for the purposes of business or profession in accordance with the third proviso to clause (ii) of sub-section (1) of section 32 [See Note 6 below the Table] | 40 | |
| (iv) | New commercial vehicle which is acquired on or after the 1st day of October, 1998, but before the 1st day of April, 1999 in replacement of condemned vehicle of over 15 years of age and is put to use for any period before the 1st day of April, 1999 for the purposes of business or profession in accordance with the third proviso to clause (ii) of sub-section (1) of section 32 [See Note 6 below the Table] | 60 | |
| (v) | New commercial vehicle which is acquired on or after the 1st day of April, 1999 but before the 1st day of April, 2000 in replacement of condemned vehicle of over 15 years of age and is put to use before the 1st day of April, 2000 for the purposes of business or profession in accordance with the second proviso to clause (ii) of sub-section (1) of section 32 [See Note 6 below the Table] | 60 | |
| (vi) | New commercial vehicle which is acquired on or after the 1st day of April, 2001 but before the 1st day of April, 2002 and is put to use before the 1st day of April, 2002 for the purposes of business or profession [See Note 6 below the Table] | 50 | |
| (via) | New commercial vehicle which is acquired on or after the 1st day of January, 2009 but before the 1st day of October, 2009 and is put to use before the 1st day of October, 2009 for the purposes of business or profession [See paragraph 6 of the Notes below this Table] | 50 | |
| (vii) | Moulds used in rubber and plastic goods factories | 30 | |
| (viii) | Specified* Air pollution control equipment | 100 | |
| (ix) | Specified* Water pollution control equipment | 100 | |
| (x) | Specified* Solid waste control equipments | 100 | |
| (xi) | Specified* Machinery and plant, used in semi-conductor industry | 30 | |
| (xia) | Specified* Life saving medical equipment | 40 | |
| (4) | Containers made of glass or plastic used as re-fills | 50 | |
| (5) | Computers including computer software [See note 7 below the Table] | 60 | |
| (6) | Machinery and plant, used in weaving, processing and garment sector of textile industry, which is purchased under TUFS on or after the 1st day of April, 2001 but before the 1st day of April, 2004 and is put to use before the 1st day of April, 2004 [See Note 8 below the Table] | 50 | |
| (7) | Machinery and plant, acquired and installed on or after the 1st day of September, 2002 in a water supply project or a water treatment system and which is put to use for the purpose of business of providing infrastructure facility under clause (i) of sub-section (4) of section 80-IA [See Notes 4 and 9 below the Table] | 100 | |
| (8) | (i) | Wooden parts used in artificial silk manufacturing machinery | 100 |
| (ii) | Cinematograph films - bulbs of studio lights | 100 | |
| (iii) | Match factories - Wooden match frames | 100 | |
| (iv) | Mines and quarries : (a) Tubs, winding ropes, haulage ropes and sand stowing pipes (b) Safety lamps | 100 | |
| (v) | Salt works - Salt pans, reservoirs and condensers, etc., made of earthy, sandy or clay material or any other similar material | 100 | |
| (vi) | Flour mills - Rollers | 80 | |
| (vii) | Iron and steel industry - Rolling mill rolls | 80 | |
| (viii) | Sugar works - Rollers | 80 | |
| (ix) | Specified* Energy saving devices | 80 | |
| (x) | Gas cylinders including valves and regulators | 60 | |
| (xi) | Glass manufacturing concerns - Direct fire glass melting furnaces | 60 | |
| (xii) | Mineral oil concerns: (a) Plant used in field operations (above ground) distribution - Returnable packages (b) Plant used in field operations (below ground), but not including kerbside pumps including underground tanks and fittings used in field operations (distribution) by mineral oil concerns | 60 | |
| (xiii) | Specified* Renewal energy devices | 80 | |
| 9 | (i) | (i) Books owned by assessees carrying on a profession -
(a) Books, being annual publications | 100 |
| (b) Books, other than those covered by entry (a) above | 60 | ||
| (ii) | Books owned by assessees carrying on business in running lending libraries | 100 | |
| IV. SHIPS | |||
| (1) | Ocean-going ships including dredgers, tugs, barges, survey launches and other similar ships used mainly for dredging purposes and fishing vessels with wooden hull | 20 | |
| (2) | Vessels ordinarily operating on inland waters, not covered by sub-item (3) below | 20 | |
| (3) | Vessels ordinarily operating on inland waters being speed boats [See Note 10 below the Table] | 20 | |
| PART B - INTANGIBLE ASSETS | |||
| Know-how, patents, copyrights, trademarks, licences, franchises or any other business or commercial rights of similar nature | 25 | ||