Depreciation
This query is : Resolved
03 December 2015
WHAT IS THE USEFUL LIFE OF SOFTWARE UNDER NEW COMPANY ACT 2013 ?
03 December 2015
Useful life of SOFTWARE is not given in Schedule II of the Co's Act,2013. Hence it has to be determined as per Accounting Standard-26.
Arpit Shah
(Expert)
03 December 2015
https://www.club4ca.com/formats/wp-content/uploads/2013/10/Depreciation-Rate-chart-companies-act-2013.pdf
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