Depreciation Rates Chart under Companies Act 2013

Rates of Depreciation under Companies Act 2013

Depreciation Rate Chart – as per part “C” of Schedule II of Companies Act, 2013 after making following assumptions:

  1. The useful life to computer depreciation of the asset has been taken as per Part C of the Schedule II
  2. The residual value of an asset has been taken as 5% of the original cost of the asset.

DEPRICIATION RATES AS PER COMPANIES ACT

USEFUL LIVES TO COMPUTE DEPRECIATION

 

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2 Comments

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  1. thanks very useful details

  2. Why there is two types of depreciation

    Companies act
    Income act

    Request detailed article on depreciation both the act

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