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companies act

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(Querist)
13 April 2016 Is it permissible for a company to provide for lower rate of depreciation than prescribed by The Companies Act,2013?
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CS Ankur Srivastava

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CS Ankur Srivastava (Expert)
14 April 2016 no.... Depreciation rates have been prescribed under schedule II and Company has to charge depreciation accordingly.
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