WHAT WOULD BE THE RATE OF DEPRECIATION OF RAILWAY SIDING AT STRAIGHT LINE METHOD UNDER COMPANIES ACT, 1956? PLEASE HELP.
SUKDEB MUKHERJEE (JR. ASSTT. MANAGER) (24 Points)
27 January 2010WHAT WOULD BE THE RATE OF DEPRECIATION OF RAILWAY SIDING AT STRAIGHT LINE METHOD UNDER COMPANIES ACT, 1956? PLEASE HELP.
Rohit Khaitan
(Learning from Life)
(127 Points)
Replied 31 January 2010
SIR IF I M NOT WRONG THEN IT IS THE RATE APPLICABLE UNDER WDV METHOD OF CHARGING DEPRECIATION....
MOREOVER THE RATES PRESCRIBED UNDER COMPANIES ACT ARE MINIMUM TO BE CHARGED BUT YOU CAN CHARGE A HIGHER RATE OF DEPRECIATION DEPENDING UPON THE DEGREE OF AMORTISATION...
kINDLY LOOK THE FOLLOWING LINK FOR RATE OF DEPRECIATION...
https://74.125.153.132/search?q=cache:Q0HmvfSdVX8J:www.fastfacts.co.in/resources/DepCoAct.rtf+DEPRECIATION+RATES+UNER+COMPANIES+ACT&cd=1&hl=en&ct=clnk&gl=in
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