Depreciation Rates

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Hi guys plzzzz let me know wat is d rate of dep. in case of following assets both by WDV & SLM as per companies Act,1956:

1. Coffee MAchine

2. Telephone

3.Printer

4.Water Cooler

Replies (1)

 

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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