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Depreciation

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(Querist)
01 July 2014 sir, may i know what is the depreciation rate for mobile phone as per companies act 1956?
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Sandeep Dharar

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Sandeep Dharar (Expert)
01 July 2014 Mobile Phone is treated as an item of Plant and Machinery. The General Rates are

13.91%(WDV) and 4.75%(SLM)

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