Depreciation

This query is : Resolved 

13 May 2008 The company acquired industrial license from Govt to produce certain commodities. How to depreciates / amortised the license amount as there is no specific usage period. There is no specific rates in schedule XIV. Cost of License is in Lacs

13 May 2008 the govt is issued license to produced certain commodities for how many years license is issued you are ammortnised this amount over the license period

13 May 2008 there is no specific years then what to do ?

14 June 2023 "Sorry, I am not a featured member."

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