Poonawalla fincorps
Poonawalla fincorps

Intangible asset depreciation rate for companies act

This query is : Resolved 
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(Querist)
28 September 2018 Sir/Madam,

Please let me know the Depreciation rate applicable for Intangible Asset in Companies Act.

Best Regards,
Yajuvendra Rawat
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
28 September 2018 The provisions of the accounting standards shall apply, except in case of intangible assets (Toll Roads) created under ‘Build, Operate and Transfer’ scheme.

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