Depreciation on Website

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17 Points Posted on 28 June 2022
What is the rate of depreciation and Usefull life for website as per companies Act
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On 28 June 2022 at 16:38 Report
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Quick Summary
This discussion explores the depreciation of websites according to the Companies Act. While some suggest a 25% rate under intangible assets, others question its classification under PPE or investments. There's a debate on whether websites, capable of generating income, might appreciate rather than depreciate. The consensus leans towards websites not being directly classifiable under the Companies Act 2013, leading to uncertainty about standard depreciation percentages.

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CFO- at NHTF
58280 Points Posted on 28 June 2022
You may consider under intangible assets @ 25%,

But check whether it comes under PPE or investment.. Website can generate income . So there will be appreciation instead of depreciation
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On 28 June 2022 at 19:26
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Profession
28271 Points Posted on 29 June 2022

Sorry,

as such in comapnies act 2013 you cannot classify website.

So the perecentage mentioned is not correct.

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On 29 June 2022 at 09:46
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CFO- at NHTF
58280 Points Posted on 29 June 2022
That's why I have clearly mentioned that check whether it comes under PPE
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On 29 June 2022 at 22:58
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Profession
28271 Points Posted on 01 July 2022

god knows from where you got this connection website and ppe. its wierd

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On 01 July 2022 at 09:14
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CFO- at NHTF
58280 Points Posted on 03 July 2022
👍🏻👍🏻
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On 03 July 2022 at 22:35
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Chartered Accountant
86505 Points Posted on 03 July 2022
You and Sabyasachi took peg together😂
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On 03 July 2022 at 22:41
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CFO- at NHTF
58280 Points Posted on 03 July 2022
Https://www.caclubindia.com/forum/details.asp?mod_id=590785
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On 03 July 2022 at 22:56
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Chartered Accountant
86505 Points Posted on 04 July 2022

You are showing your foolishness to everyone by  posting this thread.
 

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On 04 July 2022 at 12:52
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CFO- at NHTF
58280 Points Posted on 07 July 2022
Reality is there in that thread
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On 07 July 2022 at 19:27
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Chartered Accountant
86505 Points Posted on 07 July 2022
A winner of 6th to 24 th week(leaderboard) is just posting anything for some points.😂😂😂😅
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On 07 July 2022 at 22:24
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CFO- at NHTF
58280 Points Posted on 10 July 2022
Rashmi Kripa Sannidhan: After your grand entry points are crossing 5000 per week never happened..

Rashmi Kripa Ashram
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On 10 July 2022 at 10:57
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Chartered Accountant
86505 Points Posted on 10 July 2022
You have not capability of matching my points that's why you are doing all senseless thing like putting thumbs after every post.
Use your knowledge to ear point not only thumbs.
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On 10 July 2022 at 13:04
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Profession
28271 Points Posted on 14 July 2022

DEPRECIATION OF WEBSITE DOES NOT ALWAYS APPLY.

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On 14 July 2022 at 13:29

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