depreciation rate

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what is the depreciation rate for Air Conditioner as per The Companies Act - 2013.
Replies (4)

Air Conditioner shall be classifed under Office Equipment and its useful life shall be 5 years for depreciation purpose, as per Companies Act, 2013

is there any section for this??

Refer Scehdule II of Companies Act, 2013

Also attaching same for your reference. Go to Page 16 of attachment

thank you,sir!!


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