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Depreciation on Website

Others 220 views 13 replies

Rajesh P

17 Points Posted on 28 June 2022

What is the rate of depreciation and Usefull life for website as per companies Act

Replies (13)

Eswar Reddy S

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

sabyasachi mukherjee

Profession Business

28207 Points Posted on 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

58280 Points Posted on 29 June 2022

That's why I have clearly mentioned that check whether it comes under PPE

sabyasachi mukherjee

Profession Business

28207 Points Posted on 01 July 2022

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

Eswar Reddy S

CFO- at NHTF

58280 Points Posted on 03 July 2022

👍🏻👍🏻

CA Rashmi Gandhi

Chartered Accountant

86505 Points Posted on 03 July 2022

You and Sabyasachi took peg together😂

Eswar Reddy S

CFO- at NHTF

58280 Points Posted on 03 July 2022

Https://www.caclubindia.com/forum/details.asp?mod_id=590785

CA Rashmi Gandhi

Chartered Accountant

86505 Points Posted on 04 July 2022

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

Eswar Reddy S

CFO- at NHTF

58280 Points Posted on 07 July 2022

Reality is there in that thread

CA Rashmi Gandhi

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.😂😂😂😅

Eswar Reddy S

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

CA Rashmi Gandhi

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.