In india what are the rates of depriciation on various fixed assets?

Question

according to indian income tax rules what are the rates on fixed assets of each item i.e plant & machinery, building, land furniture & fixture, computers etc let me know how to caliculat each asset at what rate

Answer 1

From assessment year 2006-07 onwards following are the rates  of depreciation as per Income tax.

building    5%

Furniture & fittings  10%

Plant & Machinery  general rate 15%

Vehicles not for commercial use  15%

Computers               60%

do you want any thing else come back.