depreciation
This query is : Open
Divya Karthik
(Querist)
11 November 2010
As on 31.3.2010- cost of computers in books is Rs.35,24,566 and accumulated depreciation up to 01.04.2009 is 32,77,371.13 as per companies act. So much depreciation can be claimed in the Fy 2009-10.Kindly help.....
11 November 2010
Method of depreciation ,whether WDV or SLM, hitherto followed by the company also may be known for the current year depreciation calculation.
CA Navin Jain
(Expert)
11 November 2010
Depreciation @ 40% on WDV method ON THE BALANCE OF Rs.3524566 - 3277371
Divya Karthik
(Querist)
15 November 2010
its wdv....so, what amt of dep should be charged in FY 2009-10?
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