in case of charging depreciation as per companies act 2013
say for example if an asset is purchased on 23-3-18 then what will be the rate of depreciation and scrap value of asset is 2159.35 considering 5 percentage and value of asset purchase is 43187 then what will be the rate of depreciation if co. is following wdv method
for f.y 17-18
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depreciation as per company act 2013
Replies (3)
There are different rates for different class of assets in companies act , so based on that rate we will calculate depreciation
There are different life in companies act for different assets , so provide me the life of asset then I will provide you the Rate of depreciation
good clarification and information
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