What is the depreciation rates for all the assets?like
plant & Machinery,computers,software,land & buildings
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Answer / joshy
In a registered company,the depreciation is based on the memorandum of association. Normally P&M 15%, Computer 20%, land, buildings etc 10% like ways
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Answer / ravichandra
Depreciation as per companies Act:
Plant- 13.75 base on swift wise
Furniture-10
computer- 40
building -10
land -10
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