Books and periodicals use full life as per co act ,2013


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Querist : Anonymous

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Querist : Anonymous (Querist)
20 June 2015
hi,

what is the depreciation(use full life )for books and periodicals as per companies act ,2013

20 June 2015 As per my knowledge if Books are owned by assessees carrying on a profession then, Annual publication @ 100% depreciation. Other books @ 60% depreciation

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 June 2015 sir,

as per incometax act wt you said is correct


i need as per companies act 2013 use full life for books


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