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Depreciation for Companies

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(Querist)
24 February 2009 Is it mandatory for a company to charge depreciation at the rates and manner prescribed in Companies Act or else enough to provide at any other rates and manner?

Thankful for quick response.
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CA.Tarun Maheshwari

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CA.Tarun Maheshwari (Expert)
24 February 2009 Yes, it is medatory.

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