Vijay gandhi (consultant) (567 Points)
21 May 2010
Hi guys plzzzz let me know wat is d rate of dep. in case of following assets both by WDV & SLM as per companies Act,1956:
1. Coffee MAchine
2. Telephone
3.Printer
4.Water Cooler
Kumar
(Article)
(922 Points)
Replied 24 May 2010
Gandhiji...
Rate of Depreciation are as follows:
For Item No. 1,2 3 they fall under Plant and Machinery (other than continuous process plant)
Item No. 4 falls under data processing machine.
First rate is under WDV and the second one is under SLM.
1. 13.91% 4.75%
2. 13.91% 4.75%
3. 13.91% 4.75%
4. 40.00% 16.21%
Hope it hepls u
CAclubindia
