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????
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.
CAclubindia
