Invitation to Present | SoFerence 2026: A Global Platform to Showcase AI Use Cases in Libraries at Virtual
September 10, 2026 from 9:30am to 5pm
LIS Links
First and Largest Academic Social Network of LIS Professionals in India
LIS Links Becoming More Social
Birthdays
Birthdays Today
Latest Activity
Call for Paper for Libra World: The International Journal of Library and Information Technology (ISSN: 3139-1133) at online
August 1, 2026 at 6pm to August 20, 2026 at 7pm
Online Session on "Introduction to Intellectual Property Rights (IPR), Patent, Designs Filing
August 5, 2026 from 11am to 12pm5 days Librarian Development Program: Empowering Librarians for the Digital Future
August 10, 2026 at 3pm to August 14, 2026 at 4pm
Depreciation rate for books
What is the rate of depreciation of books for the engineering college library.
Views: 1157
Replies to This Forum
-
Permalink Reply by Siddhartha Shankar Ray on
-
Dear Sri Ramakrishnan, R.
For Audit purpose, annual depreciation rates for general books is 6.33% However for annual publications (like Year Book) it is 100%
For Journals with Annual Cumulation the rate is 100%
As I presume Engineering books are also no exception. Still, you can ask your Internal Auditor for further clarification.
-
Permalink Reply by Siddu on
-
It should vary from subject to subject in the field of Engineering. What you are talking about is the "Obsolescence of Literature" in Engineering? You need to check LISA if any worthwhile research has been done on this.
-
Permalink Reply by Dr. Sangeeta Paliwal on
-
Dear Sri Siddharth
Thank you for the valuable information. It would be a great help for me if you could send the proof of given depreciation rates.
© 2026 Created by Dr. Badan Barman.
Powered by
