Compound wall


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Quick Summary
A compound wall is classified as a 'Fence' under asset accounting. According to the Companies Act, 2013, the useful life for a compound wall is 5 years. The depreciation rates are 45.07% per annum for Written Down Value (WDV) and 19.00% per annum for Straight Line Method (SLM).

(Querist)
21 June 2025 Compound wall comes under which head of asset. And depreciation rateas per company's Act

21 June 2025 The most appropriate classification is as a "Fence."
Depreciation rate as per Companies Act, 2013 for compound wall (as fence):
Useful life : 5 Years
WDV (Written Down Value) rate: 45.07% per annum
SLM rate: 19.00% per annum.

27 September 2025 Good luck..


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