Schedule 2 of company act 2013

This query is : Resolved

varun (Querist)
Follow

15 April 2015 When Company Have assets but amount of that same was fully depreciate (i.e no value of that assets in the books) then what is the treatment according to Companies act 2013 ?

Also

Company have assets value in books less than residual value as per Company Act then what is the the treatment ?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

26 April 2015 https://www.caclubindia.com/experts/depreciation-rates-for-the-financial-year-2014-15-2052169.asp#.VTyE6SGqqko

Check out from replies given at above link.