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Depriciation as per companies act

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(Querist)
04 June 2013 sir,
please tell me the depriciation rate for epabx system as per schedule xiv of companies act & as per income tax act
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CA Sumiit B Nagpal

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CA Sumiit B Nagpal (Expert)
04 June 2013 As per Income Tax Act Depreciation on EPABX is 15% and as per Co. law it is 13.91% WDV. Other Views are welcome

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