The depreciation rate for UPS and Printers have been changed to 15% from 60%. I want to know what is
the treatment of depreciation as Company's Act for the same assets. My point is that rate of depreciation may
vary as per Income tax and as Company's Act . But how treatment on block of assets can vary as per Income
Tax Act . How the interpretations can vary? Can any one explain?
CAclubindia
