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Depreciation

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(Querist)
04 November 2017 What rate of Depreciation should be charged on Mobile Apps as per Income Tax Act & as per Companies Act, 2013.
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RAJA P M

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RAJA P M (Expert)
04 November 2017 As per income tax @ 60 percentage.... As Per Companies Act* *WDV --- 40% *SLM --- 16.21%
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
05 November 2017 Dear Raja P M Ji, As per me depreciation rate as per IT Act will be 25% i.e rate of Intangible Asset
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