Dear Experts,
Please tell me which sections of new companies act have been applicable?
Deprection rates as per companies act 2013? are they applicable?
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Depreciation as per new companies
Replies (3)
Yes, Sec.123 read with Schedule-II is applicable from 1.4.2014.
Respected Agarwal Sir,
I want to ask that whether the rates as per Schedule II are applicable for accounts of financial year 2013-14?
No.
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