can any one give brief notes and want to know how to calculate depreciation as per new companies Act 2013 schedule II in excel.
what are the points changes in new act, a) If we have already used asset for 2 years 5 months/8 months, then what we have to consider used years (2 years or 3 years). b) if any asset useful life was in earlier act was say 10 year and new act 7 years, then in this situation how to calculate.
please guide me and give excel sheet if any one have, need to do depreciation urgent basis as per new act.
CAclubindia
