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Depreciation on impairment of assets

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 March 2015 Hello experts,
we provide depn on SLM on monthly basis. In Dec'2014 we pass the entry of impairmnet of loss on machinery. now to provide depen I have to take original cost of machinery or value after considering Impairmnet of loss
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
03 March 2015 Depreciate the asset’s adjusted carrying amount over its remaining useful life.

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