Depreciation
This query is : Resolved
17 January 2012
what is the rate of depreciation on computer softwares according to companies act.
17 January 2012
If Purchased with the Computer :
WDV 40%
SLM 16.21%
If replaced with old one :
Charge it to P&L as Expense
or
Depreciate as above (Add Notes to Accounts)
OR
Depreciate @ 25% as per AS - 26
(Add Notes to Accounts)
WDV 40%
SLM 16.21%
If replaced with old one :
Charge it to P&L as Expense
or
Depreciate as above (Add Notes to Accounts)
OR
Depreciate @ 25% as per AS - 26
(Add Notes to Accounts)
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