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Depreciation rate for livestock

Notices & Assessments 4273 views 2 replies

May I know what are the rates of depreciation for charging depreciation over livestock over the period of last 10 years i.e. from the Assessment year (2001-02) to (2011-12)?

Thanks and regards

Replies (2)

Firstly There won't be any depreciation for Live Stock, No depreciation rates either

The way of tratment for Live stock is different

 

There is one monograph on accounting for Live stock issued by ICAI, I'm searching for that

I will get back to you

no depreciation on live stock dear.:)


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