In X Pvt Ltd( Following SLM Method)
On 1.04.2013 computer of 10000 against which 16% Depreciation gives 1600, now value is 8400
On 1.04.2014 another computer of 10000 is Purchased , now will depreciation be calculated on 18400 or 20000 (10000+20000) ??????
i.e 2944 or 3200 ??????
PLz give your advice about it.