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What is the basic reason behind not using anyother
depreciation rates Means Why can't we use any rates lesser
than applicable rates?
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Answer Posted / saurabh shukla
THE RATE SPECEFID IN SCHEDULE OF COMPANIES ACT IS MIN.
RATE .
NO ONE CAN CHARGE DEP. BELOW THAT RATE.
WE CAN CHARGE DEP. MORE THAN THAT RATE.
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