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Depreciation rates

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Accountant
77 Points Posted on 21 June 2007

Companies act has defined the rates for depreciation. Can depreciation be calculated with the help of rates different from the rates given in the act?

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On 21 June 2007 at 04:44 Report
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Guest
458855 Points Posted on 21 June 2007
Hello there I am Vijay Makkar,Chartered Accountant.
368 Reply
On 21 June 2007 at 10:52
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458855 Points Posted on 22 June 2007
Ya it can be but then depreciation will not as per CA and audit report has to be qualified and for the purpose of dividend distribution it has to be worked out as per CA and only balance amount could be distributed as dividend
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On 22 June 2007 at 01:57
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Article Assisstant
25 Points Posted on 24 June 2007
Yes Mr. Singh you can apply other rates. But it should be higher than the companies act rates, because act says minimum rates to applied is so much. A note in the accounts to be given for the rates applied.Hope this clears your doubt?
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On 24 June 2007 at 10:21
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Job
48 Points Posted on 09 August 2007
Hello there I am Vikas arya
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On 09 August 2007 at 07:48
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458855 Points Posted on 25 August 2007
hi how r u I m vijay makkar i find your namein caclubindia.com.
368 Reply
On 25 August 2007 at 22:46
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accountant
36 Points Posted on 22 October 2007
i want the depericiation rate as per companies act how can i get.
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On 22 October 2007 at 14:27
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accountant
36 Points Posted on 22 October 2007
i want the depericiation rate as per companies act how can i get.
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On 22 October 2007 at 14:27
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Service
608 Points Posted on 26 October 2007
rates are define in schedule 14 to the company act.
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On 26 October 2007 at 18:04
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458855 Points Posted on 13 November 2008

My Name Mukesh Dhiman I am CS Inter student pls send me depriciation rate according A.Y.2009-10

Thanks

 

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On 13 November 2008 at 09:29
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Acountant
21 Points Posted on 21 September 2010

Can any body send me the Depreciation Retes as per Comapnie's ACT & Income Tax Act ?

Eswar.C

 

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On 21 September 2010 at 15:15


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