Depreciation under Company Law

Others 3254 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.


CCI Pro

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