Asking about assets
This query is : Resolved
manish sharma
(Querist)
10 December 2013
dear sir,
Answer me a question.
Name a Assets which Is Depreciated as per the AS-6 But Shown In investment Side In B/S as Per the Revised Schedule VI????
Answer me a question.
Name a Assets which Is Depreciated as per the AS-6 But Shown In investment Side In B/S as Per the Revised Schedule VI????
10 December 2013
only fix assets long term in nature are depreciated.
manish sharma
(Querist)
10 December 2013
Thanks Sir,
But I am Asking Name of That Assets???
But I am Asking Name of That Assets???
10 December 2013
Plant and machinery,building,other such fixed assets.
manish sharma
(Querist)
10 December 2013
But Sir These are not Shown in The Head Of Investments.
10 December 2013
investments are never depreciated as i said in my 1st reply on fixed assets are depreciated only when there is permanent fall or decline in investmnet then only there is deduction from the cost of investment.
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