PLEASE TELL ME THE DEPRICIATION RATE ON OFFICE EQUIPMENTS (EG: CCTV CAMERA) AS PER COMPANIES ACT
3 Replies
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2015 Points)
Replied 21 April 2014
rate of dep is 13.91% under WDV method as per company act 1956
and under new co. act 2013 it has been assumed that useful life is 5 year hence rate is 20%
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2015 Points)
Replied 21 April 2014
read schedule II of company act 2013
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