Rate of Depreciation


This query is : Resolved 

(Querist)
13 July 2007 What is the depreciation rate for Library books of Commercial Training Center Business

CA Nikita (Expert)
13 July 2007 books owned by assesses carrying on the business in running lending libraries depreciation will be charged at the rate 100%... therefore according to me dereciation should be charged@100%

13 July 2007 rightly said

26 July 2012 depreciation at rate of 100 %


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