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Dep as per Companies Act

This query is : Resolved 
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(Querist)
31 October 2023
I am charging dep on computer for 3 years
After 3 years the value of computer is coming to its salvage value.
Can I nullify the assets by charging dep on salvage value ?
e.g Yearly dep is Rs. 50 and after 3 years assets remains to Salvage value which is Rs. 5
so can I charge Rs 55 (50+5) as dep in 3 rd year ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
31 October 2023 Keep Rs 5 and charge it off when it's removed from active use.
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