Companies Act, 2013 useful life

What is the useful life of solar equipment as per the Companies Act 2013?
Replies (7)
Quick Summary
This discussion explores the useful life of solar equipment according to the Companies Act 2013. While some suggest 25-30 years with 40% depreciation, others question this, citing the Act's fixed asset life principles. The conversation touches upon how depreciation is applied in software like Tally and the underlying basis for determining an asset's lifespan.

25 to 30 years
40% depreciation per year on written down value.
What is the basis of this answer
What??
Tally software pai kese depreciation laage ga
According to companies act, life of asset is fixed. It can't be like 25 to 30 years. As a CA Final student, you must know it sourav.
Yeah I have already answered it above you should check it

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