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Depreciation Rates for Mobile
What is Depreciation Rate for Mobile and other standard rate of depreciation
Replies (3)
15%.......
Though the mobile phone is categorised under machinery, its life time is not more than 2-3 years if preserved so carefully. So, upon considering this, in most of the cases, we used to write it off as expenditure till the value is reasonable and not so high.
G.S. Balu
15% Depreciation Rate is applicable on Mobile Phones ( Plant & Machinery head ).
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