Depreciation Rate

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Ravi Kant Shukla

Ravi Kant Shukla (Querist)
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10 July 2011
Depreciation rate as per company law & Income tax law is same

Ravikant

Ravikant (Expert)
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10 July 2011 They are Different, in companies act mininum depreciation rates are mentioned,
In income tax the rates are higher,

https://taxguru.in/company-law/rates-of-depreciation-under-the-companies-act-as-mentioned-in-schedule-xiv.html

https://www.cadeora.com/SectionDisplay.asp?SubCatId=1&CatID=5

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