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Books and periodicals use full life as per co act ,2013

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 June 2015
hi,

what is the depreciation(use full life )for books and periodicals as per companies act ,2013
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Nischit Sanghavi

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Nischit Sanghavi (Expert)
20 June 2015 As per my knowledge if Books are owned by assessees carrying on a profession then, Annual publication @ 100% depreciation. Other books @ 60% depreciation
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Querist : Anonymous

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Querist : Anonymous (Querist)
20 June 2015 sir,

as per incometax act wt you said is correct


i need as per companies act 2013 use full life for books




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