whats is rate of depriciation on books as per companies act 1956 ?
Dericiation rates as per companies ACT 1956
CA Saroj Kumar (Keen to learn something new every moments) (2588 Points)
12 March 2011
1 Replies
Devendra
(Chartered Accountant)
(4775 Points)
Replied 12 March 2011
I think so it should be 40% as per SLM method in Companies Act, 1956.
Regards,
Devendra Kulkarni
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