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State of Kerala - Section
Section 8 in The Kerala Agricultural Income Tax Rules, 1991
8.
Depreciation provided in Section 7 of the Act shall be allowed in each year at the rate shown is the table below in respect of the assets mentioned therein. The deduction for depreciation is admissible only when it is claimed in the form prescribed in Appendix I and filed along with return.| S.No | Details of assets | Depreciation allow able on the written downvalue |
| 1 | 2 | 3 |
| 1. | Buildings:(i) General Rate(ii) Factorybuildings (excluding offices, godowns, officers and employeesquarters, roads, bridges and other items specifically included inthis schedule)(iii) Purely temporary erection such as woodenstructure, thatched sheds and huts | 5%10%100% |
| 2. | Pucca Wells and Water Installations | 5% |
| 3. | Tube Wells | 10% |
| 4. | Tanks for irrigation purposes | 5% |
| 5. | Irrigation channels and ch6ck dams Pucca | 10% |
| 6. | Irrigation wells-Pucca | 5% |
| 7. | Barbecuos-pucca including washing channels | 5% |
| 8. | Tanks for coffee curing | 5% |
| 9. | Smoke Houses | 10% |
| Machinery and plantA. Electrical Machinery(All N. E. S. A): | ||
| 10. | (a) Batteries(b) Other electrical machineryincluding electrical generators and motors(c) Switch-gear andinstrument transformers and other stationery plant and wiring andfittings of electrical light and fan installation(d)Underground cable and wires as wells as overhead cables and wires | 20%20%20%20% |
| B. Spraying Machinery: | ||
| 11. | (i) Hose-Pipes, hand sprayer(ii) PowerSprayers | 33.33%15% |
| C. Other Machinery & Plant: | ||
| 12. | Motor car, | 20% |
| 13. | Motor cycles and Jeeps Cycles | 20% |
| 14. | Lorries | 20% |
| 15. | Tractors | 20% |
| 16. | Power Tillers | 25% |
| 17. | Implements and trailers with water carriers | 10% |
| 18. | Oil Engine | 10% |
| 19. | Weighing machines and Machinery | 5% |
| 20. | Workshop tools | 7% |
| 21. | Factory made cart with rubber tyre wheels | 10% |
| 22. | Country Carts | 10% |
| 23. | Bullock-drawn wooden and leather implements andcoir mats | 25% |
| 24. | Bullock-drawn iron implements | 10% |
| 25. | Steam Engine | 5% |
| 26. | General machinery implements, plants and otherassets not provided specifically in items (1) to (25) | 10% |
| 27. | Small estate tools and aluminum dishes | 100% |
| 28. | Energy Saving Devices: | |
| Pump sets and generators running on solar energy | 30% | |
| Fencing Material: | ||
| 29. | Fencing of barbed Wire or plain wire or of othersubstantial material | 10% |
| Furniture: | ||
| 30. | Furniture | 10% |
| 31. | Fittings | 6% |