Depreciation as per Companies Act shall be charged on Assets as per the Rates specified in Schedule XIV, as mentioned below
About the Author
Karan Batra
CA Karan Batra, the founder of this website is All India Rank 22 in CA Exams and is regularly featured in both TV and Print media as a leading tax expert. He is the author of 2 books and has vast experience of representing cases before the Tax Dept.