Depreciation as per companies act


This query is : Resolved 

(Querist)
22 February 2013 What is the depreciation rate on the following items as per companies act
a)Projector
b)LCD TV
c)wireless WiFi

23 February 2013 Dear Sunil

I believe that companies Act does not deal with the depreciation rate, you should see the depreciation schedule given in the tax law of your country. you will find appropriate tax rate.


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