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Depreciation rate

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01 July 2014 what rate of depreciation as per companies act for cables of machinery purchased
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
06 July 2014 Cable for Machinery Purchased at the time of installation of machinery are capitalized with machinery and depreciated at the same rate as Machinery.

Cable purchased afterwards is charged to P/L.

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