https://www.taxtmi.com/acts?id=13151 Schedule XIV sets statutory depreciation rules by asset category and working shift with W.D.V. and S.L.M. rates, identifies items excluded from extra-shift depreciation by the N.E.S.D. notation, and mandates pro rata calculation for additions or disposals. It requires disclosure of methods and any departures from Schedule rates. For concessionary intangible assets (e.g., toll roads) amortisation is calculated by apportioning cost by the ratio of actual annual revenue to projected total concession revenue, ensuring full amortisation over the concession period. en-us Sat, 21 May 2011 12:39:28 +0530 Thu, 02 Jan 2020 17:55:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=13151 Schedule XIV sets statutory depreciation rules by asset category and working shift with W.D.V. and S.L.M. rates, identifies items excluded from extra-shift depreciation by the N.E.S.D. notation, and mandates pro rata calculation for additions or disposals. It requires disclosure of methods and any departures from Schedule rates. For concessionary intangible assets (e.g., toll roads) amortisation is calculated by apportioning cost by the ratio of actual annual revenue to projected total concession revenue, ensuring full amortisation over the concession period. Act-Rules Companies Law Sat, 21 May 2011 12:39:28 +0530 https://www.taxtmi.com/acts?id=13151