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Depreciation rates as per companies act

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28 September 2016 Dear Sir
Let us know - Depreciation % for Computer Software as per WDV and SLM method under Companies Act and also as per I.T.Act
Thnks
Arun

28 September 2016 1.There is no item as such. But if you group in 'end user devices' { item XII (b) of part C of schedule III } rates are 63.16% and 31.67% respectively.

2. 60% (WDV) per Income tax Rules ,1962.



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