Depreciation on Website
Rajesh P (17 Points)
28 June 2022
What is the rate of depreciation and Usefull life for website as per companies Act
13 Replies
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 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
But check whether it comes under PPE or investment.. Website can generate income . So there will be appreciation instead of depreciation
sabyasachi mukherjee
(27858 Points)
Replied 29 June 2022
Sorry,
as such in comapnies act 2013 you cannot classify website.
So the perecentage mentioned is not correct.
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 29 June 2022
That's why I have clearly mentioned that check whether it comes under PPE
sabyasachi mukherjee
(27858 Points)
Replied 01 July 2022
god knows from where you got this connection website and ppe. its wierd
CA Rashmi Gandhi
(Chartered Accountant)
(86500 Points)
Replied 03 July 2022
You and Sabyasachi took peg together😂
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 03 July 2022
Https://www.caclubindia.com/forum/details.asp?mod_id=590785
CA Rashmi Gandhi
(Chartered Accountant)
(86500 Points)
Replied 04 July 2022
You are showing your foolishness to everyone by posting this thread.
CA Rashmi Gandhi
(Chartered Accountant)
(86500 Points)
Replied 07 July 2022
A winner of 6th to 24 th week(leaderboard) is just posting anything for some points.😂😂😂😅
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 10 July 2022
Rashmi Kripa Sannidhan: After your grand entry points are crossing 5000 per week never happened..
Rashmi Kripa Ashram
Rashmi Kripa Ashram
CA Rashmi Gandhi
(Chartered Accountant)
(86500 Points)
Replied 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.
Use your knowledge to ear point not only thumbs.
sabyasachi mukherjee
(27858 Points)
Replied 14 July 2022
DEPRECIATION OF WEBSITE DOES NOT ALWAYS APPLY.
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