depreciation rate
Parin Shah (1 Points)
31 July 2018
what is the depreciation rate for Air Conditioner as per The Companies Act - 2013.
4 Replies
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 31 July 2018
Air Conditioner shall be classifed under Office Equipment and its useful life shall be 5 years for depreciation purpose, as per Companies Act, 2013
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 31 July 2018
Refer Scehdule II of Companies Act, 2013
Also attaching same for your reference. Go to Page 16 of attachment
Attached File : 1078583 20180731193126 depreciation rates ay 18 19.pdf downloaded: 305 times
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