Depreciation rate
This query is : Resolved
25 March 2021
Hi All
What is the rate of depreciation on television as per the companies Act.?
Thanks in advance
What is the rate of depreciation on television as per the companies Act.?
Thanks in advance
29 March 2021
Depreciation as per new companies act is allowed on the basis of useful life of assets and residual value. Depreciation rates are not given under the new companies act and the useful life of Television will be 15 years as per the same.
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