Depreciation Chart Income Tax

Depreciation Chart Income Tax

Block Nature of Asset Rate of

Depreciation

Building
Block-1 Residential building other than hotels and boarding houses 5
Block-2 Office, factory, godowns or building – not mainly residential purpose 10
Block-3 Temporary erections such as wooden structures 100
Block-4 Furniture
Furniture – Any furniture / fittings including electrical fittings 10
Plant and Machinery
Block-5 Any plant or machinery (not covered by block 6,7,8,9,10,11 or 12)

and motors cars (other than those used in a business of running

them on hire) acquired or put to use on or after April 1, 1990

15
Block-6 Ocean-going ships, vessels ordinary operating on inland waters

including speed boats

20
Block-7 Buses, lorries and taxies used in business of running them on hire,

machinery used in semi-conductor industry, moulds used in rubber

and plastic goods factories

30
Block-8 Aeroplanes, lifesaving medical equipment 40
Block-9 Containers made of glass or plastic used as refills, new commercial

vehicle which is acquired during Jan 1, 2009 and Sept 30, 2009 and is

put to use before Oct 1, 2009 for the purpose of business / profession

50
Block-10 Computers including computer software. Books (other than annual

publication) owned by a professional.

60
Block-11 Energy saving devices; renewal energy devices; rollers in flour mills,

sugar works and steel industry

80
Block-12 Air pollution control equipments; water pollution control equipments;

solid waste control equipments, recycling and resource recovery

systems; (being annual publications) owned by assessees

carrying on a profession or books (may or may not be annual

publications) carrying on business in running lending libraries

100
Block-13 Intangible Assets 
Intangible assets (acquired after march 31, 1998) – Know-how,

patents, copyrights, trademarks, licences, franchises and any other

business or commercial rights of similar nature

25