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Depreciation

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(Querist)
27 March 2015 car purchase on 11/2/2013 but didn't showned in ay 2012-13. now how to calculate depreciation under fy 2013-14?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
27 March 2015 firstly it is fy 12-13 and not ay 12-13 as you purchased in fy 12-13.

now u book a prior period entry in books for purchasing car and need to depreciate it from day of purchase till now.

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