Depreciation Rate

2567 views 1 replies

consultant

567 Points Joined December 2008

Hi guys plzzz let me knw d rate of depreciation in case of following assets as per companies Act, 1956 by both d method(i.e. SLM & WDV):

1. Coffee Machine

2. Water Cooler

3. Telephone

4.Printer

its urgent i need it nw....i waitin

Replies (1)

Article

922 Points Joined January 2009

Gandhiji...

Rate of Depreciation are as follows:

For Item No. 1,2 3 they fall under Plant and Machinery (other than continuous process plant)

Item No. 4 falls under data processing machine.

First rate is under WDV and the second one is under SLM.

1. 13.91% 4.75%

2. 13.91% 4.75%

3. 13.91% 4.75%

4. 40.00% 16.21%

Hope it hepls u

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