Change in method of depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 August 2011
Hello dear,
Our management has desided to change the metod of depreciation from the SLM to WDV.
Can we do this?
And how to treat the resulting difference in depreciation?
Whether below the line or against the current year profit?
Thanks
Our management has desided to change the metod of depreciation from the SLM to WDV.
Can we do this?
And how to treat the resulting difference in depreciation?
Whether below the line or against the current year profit?
Thanks
CA Ayush Agarwal
(Expert)
22 August 2011
you can show in against cy profit.
and just make one disclosure by givin some satisfied reason.
and just make one disclosure by givin some satisfied reason.
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