Depreciation as per companies act, 2013

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Chandra Chethan G

Chandra Chethan G (Querist)
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29 April 2015 Is Depreciation rates changed as per CA, 2013? If Yes, Please mention from when is it applicable

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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29 April 2015 Yes it is applicable from 01/04/2014.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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29 April 2015 Yes it is applicable from 01/04/2014.

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Arpit Shah

Arpit Shah (Expert)
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29 April 2015 http://taxguru.in/company-law/note-calculation-depreciation-companys-act-2013.html

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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29 April 2015 Depreciation as per Schedule II of Companies Act 2013 is applicable for all companies from 01.04.2014. See MCA General Circular 08/2014 dated 04.04.2014 from link given below:

http://www.mca.gov.in/Ministry/pdf/General_Circular_8_2014.pdf

Check out Application Guide on the provisions of Schedule II to the Companies Act 2013 by Corporate Laws & Corporate Governance Committee of ICAI from link given below:

http://220.227.161.86/37329clcgc27675.pdf

Also Check out files from links given below:

https://www.caclubindia.com/files0512/160320_66209_depreciation__summary.pdf

https://www.caclubindia.com/files0512/1415307_66291_depreciation.pdf

Check out rates from link given below:

https://www.caclubindia.com/files0512/496179_59179_depreciation_rate_chart_companies_act_2013.pdf

Chandra Chethan G

Chandra Chethan G (Querist)
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18 May 2015 Thanks all for ur reply