what is the depreciation rate on gas cylender which is used in the factory for production .......
anurag gupta (ca) (71 Points)
16 May 2012what is the depreciation rate on gas cylender which is used in the factory for production .......
ankita Goyal
(Student CA Final)
(113 Points)
Replied 16 May 2012
GAS CYLINDER WILL BE CONSIDERED AS ITS DEPRECIATION RATES WILL BE 13.91 % AS PER COMPANIES ACT AND 15% AS PER INCOME TAX ACT .