Calculation of depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 August 2015
Dear Sir/Madam
As per the new schedule II of The Companies Act 2013 (on Depreciating assets over its useful life), whether we have to use SLM or WDV Method for calculation of Depreciation on Fixed Assets.?
Kindly Reply as soon as possible.
Regards
Shivani Agrawal
As per the new schedule II of The Companies Act 2013 (on Depreciating assets over its useful life), whether we have to use SLM or WDV Method for calculation of Depreciation on Fixed Assets.?
Kindly Reply as soon as possible.
Regards
Shivani Agrawal
CA R SEETHARAMAN
(Expert)
19 August 2015
You can choose either SLM or WDV. SLM will be the best option for easy calculation.
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