What is the Depreciation Rate for Computer Software as per Companies Act?
Depreciation on computer software
CA J.Alamelu lakshmi (Chartered Accountant) (852 Points)
08 June 2013
1 Replies
Sumit Grover
(Chartered Accountant )
(3652 Points)
Replied 08 June 2013
it is amortised as per AS-26(intangible assets)....within 3-5 years
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