Depreciation
This query is : Resolved
CA Sahil Singla..
(Querist)
20 May 2011
In case of private Limited Co., whether amt of Depreciation can exceed 95% of Original cost of asset as per WDV Method of dep.
I mean to say whether we can exceed dep on asset above it's salvage value as per Company Act,1956 ?
I mean to say whether we can exceed dep on asset above it's salvage value as per Company Act,1956 ?
CA Navin Jain
(Expert)
20 May 2011
how its possible
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