Depn
Building residential
Bldg other
Temporary bldg
5%
10%
40%
Depn
Furniture
10%
(Including electrical fittings)
Depn
Motor vehicle
Motor vehicle hire business
15%
(Acquired n put to use 28/8/19 - 31/3/20 then 30%)
30%
(Acquired put to use 28/8/19 to 31/3/20 then 45%)
Ships depn
20%
Aeroplane depn
40%
Computer and software depn
40%
Books depn
40%
Pollution control equipment depn
40%
Windmills depn
(Before 1/4/14) 15%
(After 1/4/14) 40%
EV depn
40%
Oil wells depn
15%
Other plant and machinery depn
15%
Intangible assets depn
25%
If asset acquired not put to use
No depn allowed
If asset acquired put to use less than 180 days
Half depn allowed
If asset acquired put to use 180 days or more
Full Depn allowed
Suppose a car acquired on 28/7/2024 but put to use on 14/2/25
How much Depn allowed
Half depn (4th oct onwards any date is less than 180 days put to use)
Suppose a car acquired on 28/7/2024 but put to use on 14/2/26
Full Depn allowed
(Since half allowed if asset acquired and put to use less than 180 days in THAT PY then half)
