What will be appropriate useful life
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 February 2015
what will be the appropriate useful life of hydraulic mobile crane as per schedule ii of companies act 2013. Is it correct to show as vehicle or plant and machinery
07 February 2015
It should be shown as Plant & Machinery.
Heavy Lift Equipments—
# Cranes with capacity of more than 100 tons - Useful life 20 Years
# Cranes with capacity of less than 100 tons = Useful life 15 Years
Heavy Lift Equipments—
# Cranes with capacity of more than 100 tons - Useful life 20 Years
# Cranes with capacity of less than 100 tons = Useful life 15 Years
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