Can a company can charge depreciation @ 25% instead of 80% on machinery (power plant undertakings)
1 Replies
sureshraj
(employee)
(356 Points)
Replied 10 December 2015
Dear Munaga Suman rates specified schedule II of the comanies act 2013 are minimum rates and company can charge higher rate of depreciation than rates specified in Schedule II of the comapnies act,2013
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