WHAT WOULD BE THE RATE OF DEPRECIATION OF RAILWAY SIDING AT STRAIGHT LINE METHOD UNDER COMPANIES ACT, 1956? PLEASE HELP.
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RATE OF DEPRECIATION
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13.91 %
SIR IF I M NOT WRONG THEN IT IS THE RATE APPLICABLE UNDER WDV METHOD OF CHARGING DEPRECIATION....
MOREOVER THE RATES PRESCRIBED UNDER COMPANIES ACT ARE MINIMUM TO BE CHARGED BUT YOU CAN CHARGE A HIGHER RATE OF DEPRECIATION DEPENDING UPON THE DEGREE OF AMORTISATION...
kINDLY LOOK THE FOLLOWING LINK FOR RATE OF DEPRECIATION...
https://74.125.153.132/search?q=cache:Q0HmvfSdVX8J:www.fastfacts.co.in/resources/DepCoAct.rtf+DEPRECIATION+RATES+UNER+COMPANIES+ACT&cd=1&hl=en&ct=clnk&gl=in
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