DEPRECIATION AS PER CO.ACT
This query is : Resolved
CA MANISH KUMAR
(Querist)
11 June 2009
WHAT IS DEP. RATE ON MOBILE PHONE AS PER CO.ACT
CS Vandana Kacholia
(Expert)
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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