How are the fixed assets categorized to calculate the depreciation as per schedule XIV of Companies Act, 1956?
Submitted by: AdministratorTo calculate depreciation as per Schedule XIV of Companies Act, 1956 the fixed assets are categorized as below:
-Buildings-Factory Buildings as well as Administration buildings
-Plant and Machinery
-Furniture
-Vehicles
-Computer Installations
Submitted by: Administrator
-Buildings-Factory Buildings as well as Administration buildings
-Plant and Machinery
-Furniture
-Vehicles
-Computer Installations
Submitted by: Administrator
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