DEPRECIATION AS PER CO.ACT


This query is : Resolved 

11 June 2009 WHAT IS DEP. RATE ON MOBILE PHONE AS PER CO.ACT

11 June 2009 Its 25.89% as per companies Act, 1956.

11 June 2009 Answer may be reconsidered because 25.89% (WDV)given in schedule X1V of The Companies Act,1956 is for Motor cars, motor cycles.....

Ankur Garg (Expert)
12 June 2009 Yes if we go by the language some reconsideration is required for first answer.


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