Depreciation-b36f5ca6

Schedule II of Companies Act, 2013 – Depreciation

Schdule III – Part ‘C‘ The following are the useful lives of various tangible assets: Nature of assets Useful Life I. Buildings [NESD]   (a) Buildings (other than factory buildings) RCC Frame Structure 60 Years (b) Buildings (other than factory buildings) other than RCC Frame Structure 30 Years (c) Factory buildings -do- (d) Fences, wells, …

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