Depreciation on Website

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What is the rate of depreciation and Usefull life for website as per companies Act
Replies (13)
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

Sorry,

as such in comapnies act 2013 you cannot classify website.

So the perecentage mentioned is not correct.

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

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

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Rashmi Kripa Ashram
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.

DEPRECIATION OF WEBSITE DOES NOT ALWAYS APPLY.


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