Depreciation rate for fy 2011-12

This query is : Resolved 
 

(Querist) 29 July 2011

I required depreciation rate both methods SLM ans WDV as per income tax act and as per company act for financial year 2011- 12 for above assets
CCTV Camera ,Fire exitinguisher, lab equipement


CMA Ramesh Krishnan (Expert) 29 July 2011

No. you need to select the method of deprecation starting itself based on your accounting policy, once selected need to be provided same method consistently



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