Depreciation


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Querist : Anonymous

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Querist : Anonymous (Querist)
10 September 2010 in Companies Act,
For Calculating Depreciation,
Weather Put to Use Date is Relevant.
Or It is Only For Income Tax Purpose.


10 September 2010 Date of Put into use is relevant for both Companies act, Income tax act

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 September 2010 and in books of account which date of purchase of entry to be enter.

1. date of invoice
2. date of receipt
3. date of order
4.date of put to use
5.date of payment.

which one?

10 September 2010 The date of Receipt of the capital asset


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