Whether depreciation differs in companies act 2013

I bought machinery on 09 jan 2018  for 15000 , Depreciation rate as per companies act 2013 is 18.10% *1.5 = 27.15 % for 2 shifts .So depreciation upto 31st march 2018 will be 15000*27.15%*82/365 = 915. but if i calculate depreciation according to life of asset ( i.e. 15 years)  depreciation will be Rs.2.603  per day( (((15000*95%)/15)/365)  so depreciation for 82 days will be 320.14.. question arise why depreciation under both this situation differs. ? 

Replies (1)
yes different

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 August 2026
International Corporate Tax Advisory

Shulke

Bengaluru

CA

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
ARTICLESHIP 08 August 2026
Article Assistant

Sanath Sheshagiri & Co.

Bengaluru

CA Inter

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details