Depreciation under companies act

Mahabaleshwara Rao (director) (197 Points)

28 August 2011  

What is the rate of Depreciation under schedule 14 of the companaies act for the following assets for a automobile industry running single shift.

1.  Plant and machinery

2.  Electrical Installation

3.  Instruments

4.  Mould box and Patterns.

5.  Tools and equipments.

6.  Two wheeler vehicle.

7.  Computer

8.  Factory Building