Depreciation calculation as per companies act
This query is : Resolved
01 October 2021
A hotel (lodge) , rents out the rooms to guests, what is the life of asset as per the Companies Act.
01 October 2021
60 years is the life of the asset and depreciation rate is 1.58% straight line.
01 October 2021
Thank you sir
R S Sai Kumar
R S Sai Kumar
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