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Depreciation as per companies act. 2013

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 January 2017 Dear Experts,
Plz clarify :- Is it mandatory to charge depreciation as per companies act. If we don't charge then any possibility of consequences,

Thanks In Advance
Radhe Kishan
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c.bakshi

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c.bakshi (Expert)
23 January 2017 read section 123 (2), it is mandatory to comply with schedule II of companies act too.

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