July 16, 2021

Depreciation Rate Chart
as per Part “C” of Schedule II of The Companies Act 2013

Nature of Assets Usefu l Rate [SLM Rate [WDV I Buildings [NESD] Building (other than factory buildings) RCC Frame StructureBuilding (other than factory buildings) other than RCC Frame StructureFactory buildingsFences, wells, tube wellsOther (including temporary structure, etc.)   60   Years   30   Years   30 Years 5   Years 3   Years   1.58%   4.87% 3.17% 9.50% 3.17% 9.50% 19.00% 45.07%…

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July 16, 2021

Cost-Inflation-Index

NOTIFIED COST INFLATION INDEX UNDER SECTION 48, EXPLANATION (V)As per Notification No. So 3266(E) [No. 63/2019 (F.No. 370142/11/2019-TPL)], Dated 12-9-2019,following table should be used for the Cost Inflation Index :-Sl. No. Financial Year Cost Inflation Index (1) (2) (3) 1 2001-02 100 2 2002-03 105 3 2003-04 109 4 2004-05 113 5 2005-06 117 6 2006-07 122 7 2007-08 129…

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