Reference guide
A Companies Act depreciation reference centered on Schedule II useful lives, corporate-law text, and the official MCA source set.
Official source set
How to use this reference
- Companies Act depreciation is driven by useful life and residual-value treatment under Schedule II, not the income-tax block-rate table.
- Check whether a significant component needs separate useful-life treatment before finalizing the schedule.
- Use the Act text directly when audit or board reporting depends on Schedule II treatment.