Applicability of companies act 2013 on depreciation
This query is : Resolved
23 September 2015
Respected Professionals,
Whether the depreciation calculation as per new companies act 2013 is applicable for f.y 2014-15 or any stay has been made over its applicability?
Please confirm as it is quiet urgent.
Thanks & Regards
Smriti Swaraj
Whether the depreciation calculation as per new companies act 2013 is applicable for f.y 2014-15 or any stay has been made over its applicability?
Please confirm as it is quiet urgent.
Thanks & Regards
Smriti Swaraj
23 September 2015
Applicable for all companies from 01.04.2014. See MCA General Circular 08/2014 dated 04.04.2014 from link given below:
https://www.mca.gov.in/Ministry/pdf/General_Circular_8_2014.pdf
https://www.mca.gov.in/Ministry/pdf/General_Circular_8_2014.pdf
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