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Deprication as per company act

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(Querist)
01 September 2015 SIR/MADAM,
AS PER NEW COMPANY ACT CAN WE CHARGED DEPRECIATION ON WDV BASIS ?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
01 September 2015 Yes you can charge depreciation both on SLM and WDV basis.

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