Depreciation as per comapny act 2013
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 April 2015
is depreciation as per 2013 applicable on all company including pvt company irrespective of their capital ,turnover.
if yes then
2) if we are calculating dep as per co act 1956 by following wdv method
then how can we calulate dep. as per wdv method after consider useful life.
please give me answer with example
if yes then
2) if we are calculating dep as per co act 1956 by following wdv method
then how can we calulate dep. as per wdv method after consider useful life.
please give me answer with example
01 April 2015
1. yes applicable to all co wef 1.4.2014
01 April 2015
Yes applicable for all companies from 01.04.2014. See MCA General Circular 08/2014 dated 04.04.2014 from link given below:
https://www.mca.gov.in/Ministry/pdf/General_Circular_8_2014.pdf
See below link for answer of your 2nd question:
https://www.caclubindia.com/articles/depreciation-companies-act-2013-the-practical-implication-21148.asp#.VRwYLvmUe3s
https://www.mca.gov.in/Ministry/pdf/General_Circular_8_2014.pdf
See below link for answer of your 2nd question:
https://www.caclubindia.com/articles/depreciation-companies-act-2013-the-practical-implication-21148.asp#.VRwYLvmUe3s
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