RATE OF DEPRECIATION

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