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Depreciation

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03 December 2015 WHAT IS THE USEFUL LIFE OF SOFTWARE UNDER NEW COMPANY ACT 2013 ?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
03 December 2015 Useful life of SOFTWARE is not given in Schedule II of the Co's Act,2013. Hence it has to be determined as per Accounting Standard-26.
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Arpit Shah

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Arpit Shah (Expert)
03 December 2015 http://www.club4ca.com/formats/wp-content/uploads/2013/10/Depreciation-Rate-chart-companies-act-2013.pdf
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