Depreciation under Company Law

Shiv om Jindal (ACA) (263 Points)

19 March 2008  
Hello Friends, i  want to know about depreciation provision under Companies Act, 1956 sechdule XIV e.g. Rates of Depreciation for diffrent assets specifically regarding assets falling within computer equipment category. And the way to be adopted in case depreciation provided on the basis of quarterly basis varies from the Depreciation calculate on annual basis, is it to be adjusted in the last quarter. And information about prorata depreciation in case of addition and sale.

I haven't found it in the files section.

If somebody has the information, please forward to me at my E-mail ID mentioned below:-

shivom29 @ gmail.com

Thanks in advance.