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Q. > Please Help: Companies Act Depreciation Rate
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664 views • Question added Jun 12, 2012 • Accounts • By Yogesh , CA , Delhi


Please confirm me Rate of depreciation on lift as per companies act.

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answered Jun 17, 2012 by Vikash Kumar Jha , Cuttack

to the extent of full value


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Arihant

13-Jun-2012 , 06:12:32 pm

20%

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Gaurav Agarwal

08-Jul-2012 , 10:26:01 pm

Lift is Included in Plant & Machinery so Dep.rate will be 13.91%

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