depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 June 2010
whether an asset can be fully (100%) depreciated under the companies act as per schedule XIV - pls... explain with details
07 June 2010
Check out the following link for the depreciation schedule under companies Act.
According to it, Purely temporary Erections can be 100% depreciated. Also there are some itmes under Plant & Machinery, Part D which will be depretiated in full.
http://kwatraonline.com/OtherpageTheme6.aspx?TYPE=HORIZONTAL&CompanyID=0&PAGENAME=RATES%20OF%20DEPRECIATION&Parent=Utilities&Current=Rates%20of%20Depreciation%20Under%20Company%20Act
According to it, Purely temporary Erections can be 100% depreciated. Also there are some itmes under Plant & Machinery, Part D which will be depretiated in full.
http://kwatraonline.com/OtherpageTheme6.aspx?TYPE=HORIZONTAL&CompanyID=0&PAGENAME=RATES%20OF%20DEPRECIATION&Parent=Utilities&Current=Rates%20of%20Depreciation%20Under%20Company%20Act
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 June 2010
thanks
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