Company depreciatiuon maintain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 August 2014
type of depreciation maintain by the company and what is uses of depreciation maintain in different method.
24 August 2014
Only two type of depreciation methods.
1) Stright Line (SLM)
2) Written Down Value (WDV)
The total amount of depreciation charged over an asset's entire useful life (i.e. depreciable amount) is the same irrespective of the choice of depreciation method. The adoption of a particular depreciation method does however effect the amount of depreciation expense charged in each year of an asset's life. In SLM depeciation amount is same through out the useful life of asset whereas in WDV its higher at initial year and reduces every year.
1) Stright Line (SLM)
2) Written Down Value (WDV)
The total amount of depreciation charged over an asset's entire useful life (i.e. depreciable amount) is the same irrespective of the choice of depreciation method. The adoption of a particular depreciation method does however effect the amount of depreciation expense charged in each year of an asset's life. In SLM depeciation amount is same through out the useful life of asset whereas in WDV its higher at initial year and reduces every year.
24 August 2014
Depreciation rates under CA 2013--
https://www.caclubindia.com/files0512/496179_62802_depreciation_rate.pdf
Depreciation rates under CA 1956--
https://paryca.org/images/Tax_%20matters/DepreciationRates%20as%20per%20co.%20act.pdf
https://www.caclubindia.com/files0512/496179_62802_depreciation_rate.pdf
Depreciation rates under CA 1956--
https://paryca.org/images/Tax_%20matters/DepreciationRates%20as%20per%20co.%20act.pdf
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