TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Companies Act 1956: Revised Depreciation Rates in Schedule XIV Effective for Assets Acquired After December 16, 1993.</h1> The circular addresses the revision of depreciation rates in Schedule XIV of the Companies Act, 1956, effective from the notification dated December 16, 1993. These revised rates apply to assets acquired after this date and to the accounts of companies closed on or after the notification's issuance. Companies using the written down value (W.D.V.) method must apply the new rates to the previous year's asset values. Companies using the straight line method have options: recompute depreciation using new rates, continue with old rates for existing assets, or apply new rates to all assets from the change year.
TaxTMI 
TaxTMI 
