Depreciation rate
This query is : Resolved
Peter Babu
(Querist)
16 August 2013
What is the depreciation rate for air conditioner under Companies Act,1956.
Can it be treated under eletrical equipments for a finance company?????????????
Can it be treated under eletrical equipments for a finance company?????????????
CA. Brijesh Baranwal
(Expert)
17 August 2013
13.91% on WDV basis and 5.28% on SLM basis for Single Shift.
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Peter Babu
(Querist)
19 August 2013
Would you mind to answer my second question.
CMA Ramesh Krishnan
(Expert)
26 August 2013
It is not an electrical equipment, it comes under furniture & fixtures
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Peter Babu
(Querist)
23 July 2014
thank u for your reply
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