Easy Office

Depreciation as per company act

This query is : Resolved 

30 June 2015 As per new company act, Depreciation to be Calaculated on useful life of fixed asset.

There are more than 500 fixed assets in my company having different date of purchase and amt and purchased more than 10 years ago, It is not possible to calculate depreciation on individual assets. Is there any solution, please tell me

From Neeta Parwani (CA)

30 June 2015 As per act, we need to calculate the each asset only. so any number of assets, the process will be same. no other go to comply the act



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries