Depreciation as per companies act
This query is : Resolved
22 February 2013
What is the depreciation rate on the following items as per companies act
a)Projector
b)LCD TV
c)wireless WiFi
a)Projector
b)LCD TV
c)wireless WiFi
23 February 2013
Dear Sunil
I believe that companies Act does not deal with the depreciation rate, you should see the depreciation schedule given in the tax law of your country. you will find appropriate tax rate.
I believe that companies Act does not deal with the depreciation rate, you should see the depreciation schedule given in the tax law of your country. you will find appropriate tax rate.
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