Please inform me about the provisions of of Comapny's Act, 1956, regarding Depreciation for Private Ltd. Companies.
Souvik Kumar Ghosh (CA Final) (1368 Points)
12 June 2011Please inform me about the provisions of of Comapny's Act, 1956, regarding Depreciation for Private Ltd. Companies.
CA Suraj Prasad Shaw
(Chartered Accountant)
(504 Points)
Replied 13 June 2011
please refer schedule xiv.
Rate of depreciation of diferent assets is given over there.