Compound wall

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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).

ila

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

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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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.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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27 September 2025 Good luck..

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