Depreciation
This query is : Resolved
preeti sawadia
(Querist)
24 September 2014
if a company doesn't want to show depreciation in their books can they do so??
24 September 2014
the ans is no as its mandatory to charge depreciation and there is no option for same
24 September 2014
No you can not. Not charging depreciation will inflate your profit and there will be question mark over true and fair view and reliability of accounting statements.
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