Hi friends,
Pls let me know what's the depreciation rate for Generator under income tax Act and Companies Act
Hi friends,
Pls let me know what's the depreciation rate for Generator under income tax Act and Companies Act
It should be come under plant and machinary so rate @ 15% would be applicable.
The company act rates would be 13.91 as per WDV and 4.75 as per SLM (For single shift)
CAclubindia
