what is the rate of Computer Software under companies Act?
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Depreciation on Computer Software
Replies (3)
Dear JAy..........
60%.................rate hogi........ukadna hain jo ukhad le...............
| Originally posted by : Jay Shah | ||
 |
what is the rate of Computer Software under companies Act? |
 |
| Originally posted by : Jay Shah | ||
|
|
what is the rate of Computer Software under companies Act? |
|
The computer softwares are intangibles as per AS-26 "Accounting for Intangibles". The rate of depreciation as per schedule VI of companies act 1956 is defined to be 25%....
60% and pls refer Sch XIV before going public.......
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