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Depreciation

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(Querist)
27 July 2012 During the financial year 2011-12, secondhand machines, one machine manufactured in 2009, other machine manufactured in 2004, were purchased. What will be the rate of depreciation as per companies act, under straight line method?
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Chirag Chordia

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Chirag Chordia (Expert)
27 July 2012 As per Schedule XIV

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