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Co. act 2013 schedule 2nd

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 April 2015 sir,
please suggest if expired life of assets is more then of revised life of assets what will be do of carrying amount as on 31/03/2014. as per new co. act.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
25 April 2015 Carrying amount shall be adjusted through retained earnings.
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Querist : Anonymous

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Querist : Anonymous (Querist)
25 April 2015 thank you sir for response....
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