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Depreciation on book

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 March 2013 What is rate of Depreciation on Books as per Companies Act?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
23 March 2013 Books are not fixed asset, no rate of depreciation
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Querist : Anonymous

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Querist : Anonymous (Querist)
25 March 2013 Books treated as Fixed Assets As per IT act!!! Right? Then why not in companies Act..?
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