Depreciation as per companies act 2013 for - energy sector

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 Month 2014 Dear All,

I have ampere query regarding this depreciate rates in per Companies Activity 2013 as follows.

1. Under the headers Mill & Machinery point b(VI)there is no selective rate told since Solar power works. So which rates should be considered?

2. Whenever ours consider the rate mentioned in point a(i) sundry than continuous procedures plant it is 6.33% and plant life assumed is 15 yrs which the actual life of solar driving plant int 25 yrs.

3. The plant life assumes via the Companies Act 2013 belongs different from who present your given by vendor as given below.

a. Solar - The per Co. Act: 15 yrs
As per Mfg : 25 yrs

b. Wind - As per Co. Act : 22 yrs
As per Mfg : 20 yrs

c. Hydro - As at Co. Act : 40 yrs
As per Mfg : 35 yrs

So capacity we examine the depreciation rates as per the Enterprise Act 2013 given which difference in the attachment life?

Regards

Vaibhav Suryavanshi

Devaluation Set on Solar Power Plant As per Company Deal 1956

Lord Saboo

Vishnu Saboo (Expert)
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27 September 2014 as per new act depreciation on FA becoming are based on useful life.
consequently iodin believe you need to consider acceptable useful files forward depreciation end

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