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Rates for Tax Depreciation
10-24-2011, 05:56 PM (This post was last modified: 07-06-2015 05:32 PM by admin.)
Post: #1
Rates for Tax Depreciation
SIR,
PLEASE SEND ME THE LATEST RATES FOR TAX DEPRECIATION SCHEDULE IN PAKISTAN
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10-25-2011, 03:18 PM
Post: #2
 
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
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06-12-2015, 05:20 PM
Post: #3
RE: RATES FOR TAX DEPRICIATION.
Can we deduct initial allowance on car bought by company?
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