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grinding equipments in bauxite mining

grinding equipments in bauxite mining

depreciation as per new companies act is allowed on the basis of useful life of assets and residual value.depreciation rates are not given under the new companies act. a table is given below of depreciation rates applicable if the asset is purchased on or after 01st april, 2014 and useful life is considered as given in companies act,2013 and residual value as 5%.

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