Introduction Siemens Industry, Inc. provides engineering and technology solutions. The company offers home and industrial automation solutions, digitization, electrification, logistics, media, appliances, lighting, diagnostic imaging, mechanical controllers and financial solutions. Siemens Industry serves customers worldwide. Siemens Industry meets the needs of industrial customers. Its divisions provide specialized engineering equipment and services to customers in the automotive,…

Introduction Depreciation of Plant and Machinery  - The Indian Income Tax Act specifies a depreciation rate for the plant, furniture and machinery purchases learned by a beneficiary during the tax year. A Depreciation is a second term to describe how the cost of an asset remains amortized over its useful life. However, the WDV, Recorded…