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+--- Thread: Rates for Tax Depreciation (/showthread.php?tid=10528)
Rates for Tax Depreciation - SAJI - 10-24-2011
SIR,
PLEASE SEND ME THE LATEST RATES FOR TAX DEPRECIATION SCHEDULE IN PAKISTAN
- Muhamamd Umar Farooq - 10-25-2011
Dear Please Find Below the Depreciation Rate for Tax Year 2010-11
Building (all types).10%
II. Furniture (including fittings) and machinery
and plant (not otherwise specified), Motor
vehicles (all types), ships, technical or
professional books.15%
III. Computer hardware including printer, monitor
and allied items 1[,machinery and equipment
used in manufacture of I.T. products],
aircrafts and aero engines. 30%
IV. In case of mineral oil concerns the income of
which is liable to be computed in accordance
with the rules in Part-I of the Fifth Schedule.
(a) Below ground installations.100%
(b) Offshore platform and production
installations.20%]
2[V. A ramp built to provide access to persons
with disabilities not exceeding Rs.250,000
each.100%]
Kind Regards,
Muhammad Umar Farooq
RE: RATES FOR TAX DEPRICIATION. - javed4452 - 06-12-2015
Can we deduct initial allowance on car bought by company?