Depreciation useful life

155 views 1 replies
What depreciation Useful Life would be there on Mobile Phone & Cameras according to Co. Act ??
Replies (1)

WDV depreciation rate  per IT law is 40%. Useful life can be calculated from here. This can be depreciated only if this is a part of the defined communication device in Plant and machinery which is used for supervisory job roles. But in reality, the useful life of computers was three to five years previously. But now, useful life for computers and mobile phones is not defined. The manufacturer will provide the information. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Threads
Loading