Depreciation rate as per company act
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 September 2013
Please,can Anyone tell me depreciation rate on software as per company act 1956 for F.Y 12-13.
Thanking You.
Thanking You.
CA Pallav Singhania
(Expert)
26 September 2013
Depreciation as per Companies Act 40 percent...
Depreciation as per IT act 60 percent...
Depreciation as per IT act 60 percent...
Ganeshbabu K
(Expert)
02 October 2013
Software is required to depreciate over period of licence,,,
.
.
if life of software is unlimited like MS office YOU CAN DEPRECIATE AS PER RATES PROVIDED BY ABOVE EXPER
.
.
if life of software is unlimited like MS office YOU CAN DEPRECIATE AS PER RATES PROVIDED BY ABOVE EXPER
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