Company accounts
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 August 2012
Can company adopt different depreciation from income tax for the final balance sheet?
And if yes, what the company have to process the procedure.???
And if yes, what the company have to process the procedure.???
04 August 2012
The company can follow depreciation as per companies act 1956.
You have to take the effect retrospectively and take the difference in current year.
You have to take the effect retrospectively and take the difference in current year.
05 August 2012
yes you follow up companies act 1956 depreciation
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