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1. Straight Line 2. Reducing Balance 3. Other method
Although many think that "Land" is not depreciable, land can be depreciated if it's planted (Agriculture land).
Land as such is not a depreciable asset.But developed land can be depreciated to the extent of the development.
Mostly land prices is appreciated So we do not depreciate the land.
Normally Land canot be depreciated rather it can be appriciated......
Normally in most of the teritories Land is alloted as Free-hold property and moreover it is not subjected to be deteriorated physically.... however in converse situation it should be depreciated.