Section 6 in The Bureau of Energy Efficiency (Form of Annual Statement of Accounts and Records) Rules, 2007
6. Depreciation
6.1Depreciation is provided on straight-line method as per rates specified in the Income Tax Act, 1961 except depreciation on cost adjustments arising on account of conversion of foreign currency, liabilities of fixed assets, which is amortized over the residual life of the respective assets.6.2In respect of additions to/deductions from fixed assets during the year, depreciation is considered on prorata basis.6.3Assets costing Rs. 5,000 or less each are fully provided.
