Rate of depreciation on motor car
This query is : Resolved
22 April 2015
As a domestic company is there any change in rate of depreciation on motor car.kindly inform earlier.
25 April 2015
Depreciation to be calculated as per Companies Act 2013 from FY 2014-15 onward.
Check out Application Guide on the provisions of Schedule II to the Companies Act 2013 by Corporate Laws & Corporate Governance Committee of ICAI from link given below:
http://220.227.161.86/37329clcgc27675.pdf
Also Check out files from links given below:
https://www.caclubindia.com/files0512/160320_66209_depreciation__summary.pdf
https://www.caclubindia.com/files0512/1415307_66291_depreciation.pdf
Check out rates from link given below:
https://www.caclubindia.com/files0512/496179_59179_depreciation_rate_chart_companies_act_2013.pdf
Check out Application Guide on the provisions of Schedule II to the Companies Act 2013 by Corporate Laws & Corporate Governance Committee of ICAI from link given below:
http://220.227.161.86/37329clcgc27675.pdf
Also Check out files from links given below:
https://www.caclubindia.com/files0512/160320_66209_depreciation__summary.pdf
https://www.caclubindia.com/files0512/1415307_66291_depreciation.pdf
Check out rates from link given below:
https://www.caclubindia.com/files0512/496179_59179_depreciation_rate_chart_companies_act_2013.pdf
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