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1). Can Mobile Handset be capitalised? Can it be treated as assets?
2). If yes what is the rate of depreciation as per IT and Companies Act both SLM and WDV?
i want to know depriciation rate of AY2008-09
i need depriciation rate
Depreciation on Intangible Assets such as Know-how, patents, copyrights, trademarks, licences, franchises or any other business or commercial rights of similar nature -- 25% as per IT.
hey!
refer to para 65 of AS 26 . it is said that software to be amortise within 10 years
one of the company (Suzlon) has amortize SAP of 4.5 crores in 5 years
60 % rate of depriciation on Computer hardware and Software `
60%
Dear Sir
I want to know the Dep. Rates under Companies Act
Thanks
Respected All,
Can anyone tell me what is the rate of depreciation for Computer printer
Thanks.
60% as per IT Act and 40% as per Companies Act
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