Depreciation computation as per schedule 2

NIKHITHA (Student) (133 Points)

24 September 2015  

As on 1.4.2014 ,the asset's useful life has become nil but there is a carrying amount of rs.12933039  .So how should we disclose this amount in the financial statements? In line with new provisions for depreciation calculation,do we need to calculate the depreciation retrospectively from the purchase of asset?


                                     thankyou in advance