Compound wall

This query is : Resolved 

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..


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details