Depriciation
This query is : Resolved
19 June 2013
What would be the depreciation rate as per companies act if any furniture(Table) is used for assembling the parts of some finished goods?
19 June 2013
Same rate i.e., 18.10% (WDV)
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20 June 2013
But sir co. is claiming 4.75%(SLM) in depreciation chart by saying that it is used as part of plant & machinary
20 June 2013
4.75% (Single Shift SLM) is rate of P & M not Furniture.
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