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DEPRECIATION ON MOBILE PHONES AS PER CO'S ACT 2013

Co Act 2013 705 views 1 replies

Hello,
Need help
What rate of depreciation is charged for mobile phones as per companies act 2013?

As per general rate of plant and machinery at 13.91 % for useful life of 15 years

Or accounted as office equipment and charged 45.07 % with useful life 5 years?

Replies (1)

As per general rate of  13.91 % for useful life of 15 years.


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