Depreciation
This query is : Resolved
28 September 2012
Hi,
as per company act what is the difference between addition of assets & new assets installed in depreciation .
as per company act what is the difference between addition of assets & new assets installed in depreciation .
03 October 2012
Addition to assets means addition to EXISTING assets.
Installation of new assets means acquisition of a completely new asset (which the company does not own at the time of acquisition/installation).
Installation of new assets means acquisition of a completely new asset (which the company does not own at the time of acquisition/installation).
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