What is the Rate of Depreciatin for Mobiles and Trucks under Straight Line Method under Companies Act,1956 ?
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Rate of depreciation
Replies (4)
As per thier life t shall be decided.
https://www.mmehtaco.com/Depreciation%20Rates%20Companies%20Act.pdf
trucks @ 11.31% and mobile @ 16.21%.... no specific rate for mobile so i have given the rate applicable for computers.
I don't known but I wonder
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