Depreciation rate as per Co. Act Sch. XIV
This query is : Resolved
22 June 2011
Deat Sir,
we have purchased customs Books, so what is the depreciation rate as per sch. XIV company act 1956?
Thanking You,
we have purchased customs Books, so what is the depreciation rate as per sch. XIV company act 1956?
Thanking You,
22 June 2011
You can write off the cost of books to P&L a/c in full as expense.
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