Determination of useful life of an existing asset
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 July 2014
Please let me clarify how to determine the useful life of assets under schedule II of Companies Act, 2013.
01 July 2014
in company act estimated life given on the basis rate of dep. fix by the act.
01 July 2014
see the list, there is specified useful life for various assets.
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