Depreciation on furniture and fixtures

This query is : Resolved 

29 April 2018 In how many years offc furniture and fixtures can be written off and at what rate??

29 April 2018 10 years as per schedule II of the Companies Act,2013.

10 years, under straight line method, as per Income tax Act.1961.

29 April 2018 Sir what if we use written down value method

29 April 2018 If WDV method is followed, question of how may years does not arise because
value will not become zero at any point of time.


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