depreciation
This query is : Resolved
07 August 2008
For Air Pollution Control plant depreciation as per IT Act is 100% - what is the dep. rate as per Companies Act? (whether we can take 15.33% since it runs for all the shifts or any new amendment in dep. allowing 100% in C Act also ) pl. guide me.
thank U.
thank U.
08 August 2008
What is provided in Companies Act is the minimum required to be provided. You can provide higher amount if your situation warrants.
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