Dear Friends,
The company deals in preparing headlights bulbs of car.
I want to know if "Dyes and Moulds" are liable for depriciation (Schedule 14) according to the Companies Act 1956.
Please reply me as soon as possible.
Thanks.
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Depriciation
Replies (1)
Yes they are eligible for depreciation under the co's Act @ 16.2% under SLM & 5.6% under WDV method
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