Depreciation rate under which companies act ?
This query is : Resolved
04 August 2017
Sir,
If i want to audit a Pvt Ltd Company for the FY 2012-13 & 2013-14 , Depreciation under which Companies act should i taken? whether 2013 or 1956??
if Your answer is act 1956, whats is the rate on Intangible assets?
Regards-
If i want to audit a Pvt Ltd Company for the FY 2012-13 & 2013-14 , Depreciation under which Companies act should i taken? whether 2013 or 1956??
if Your answer is act 1956, whats is the rate on Intangible assets?
Regards-
04 August 2017
You may follow the rates as in schedule XIV of Co's Act, 1956.
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