1). Can Mobile Handset be capitalised? Can it be treated as assets?
2). If yes what is the rate of depreciation as per IT and Companies Act both SLM and WDV?
Depreciation Rate
Page no : 2
kamlesh v
(Articled assistant)
(20 Points)
Replied 19 May 2008
hey!
refer to para 65 of AS 26 . it is said that software to be amortise within 10 years
one of the company (Suzlon) has amortize SAP of 4.5 crores in 5 years
Meenakshi
(Service)
(20 Points)
Replied 24 May 2008
Respected All,
Can anyone tell me what is the rate of depreciation for Computer printer
Thanks.
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