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rate of depreciation

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(Querist)
24 June 2011 Can any one tell me the rate of depreciation for any software purchased by pvt ltd company worth of Rs.10000/-.

i need both i.e. as per companies act and as per Income Tax act.

please....
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
24 June 2011 companies act as per as 26 which is amortise within 5 - 10 years.

Income tax 60% wdv method.

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