Depreciation under Company Law

3359 views 5 replies
Hello Friends, i  want to know about depreciation provision under Companies Act, 1956 sechdule XIV e.g. Rates of Depreciation for diffrent assets specifically regarding assets falling within computer equipment category. And the way to be adopted in case depreciation provided on the basis of quarterly basis varies from the Depreciation calculate on annual basis, is it to be adjusted in the last quarter. And information about prorata depreciation in case of addition and sale.

I haven't found it in the files section.

If somebody has the information, please forward to me at my E-mail ID mentioned below:-

shivom29 @ gmail.com

Thanks in advance.
               
Replies (5)

depreciation rate

Rate of Depreciation for Computer under
Company Law is 60%

Originally posted by :Guest
" depreciation rate "

Originally posted by :Guest
" depreciation rate "


 

plz check the file attached for depreciation rates.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details