08 September 2009
SIR , WITH REFERENCE TO MY PREVIOUS QUERY RELATED TO CHARGING OF DEPRECIATION, I WOULD LIKE TO KNOW WHEATHER THE FOLLOWING CALCULATION IS CORRECT WDV AS ON 1/4/2006 (15%) RS 120000 LESS:DEP RS 18000 WDV AS ON 1/4/2007 RS 102000 LESS DEP RS 15300 WDV AS ON 1/4/2008 RS 86700 THEREFORE DEPRECIATION FOR THE PY SHOULD BE CALCULATED ON RS 86700 ie RS 13005
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