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Rate of dep. on intansible assets as per company act.1956

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(Querist)
19 October 2012 What is dep. rate on intangible assets as per comany act.1956
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CA Manish

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CA Manish (Expert)
19 October 2012 As per Accounting Standard 26 Intangible Assets is to be amortized over the period of useful life which should not exceed 10 years.

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