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Depreciation

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(Querist)
08 August 2013 What should be the rate of depreciation for lab equipments used by a company dealing in R&D?


Thanks in advance
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
08 August 2013 As per Companies Act - 13.91% (SLM)

As per Income Tax Act - 15%

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