What is the useful life and rate of depreciation for a diesel generator set as per companies act.
What is the useful life and rate of depreciation for a diesel generator set as per companies act.
You have to look for tax depreciation and company depreciation. Companies act prescribes slm method
Cost-scrap/no. of years/cost of asset= %dep rate
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Karia Overseas
Ahmedabad
CA
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