Depreciation

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 March 2014 What if Practice of claiming depreciation is not followed in a society, but is to be started from the following year. Assets as on date includes misc. assets purchased from incorporation till date. Do wee need to consider retrospective effect???
If yes then how.?

25 March 2014 u need to charge dep from date of purchase till date....................


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