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Depreciation

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Amit Nandy (Querist)
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25 April 2014 If a company establish a new set at different location for that purpose company procure various fixed assets which was not put in use so my query in this regard are company charge depreciation as per companies act in the books of accounts.

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Amit Nandy

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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25 April 2014 if the asset are old and not newly purchased and were just transfereed from 1 location to other then allowed for whole year as per co act.

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