03 November 2025
Sir, In an previously published article while along with life of asset, rate of Depreciation as per Schedule II of the Companies Act 2013 was mentioned. However when I checked this with my bare act though I found life of assets, I cannot locate the Rate of Depreciation. So my query is : Is there any reference on rate of depreciation on different kind of assets in any where under Companies Act 2013? Regards Abhijit