Depreciation as per companies act
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 August 2012
I just wanted to know that what is the consequenses if a company charges depreciation at SLM rate specified in companies Act but the method used is WDV.
Thanking You
Thanking You
22 August 2012
Make Correct This Year & report Same in Audit Report..
I Mean Nullify It.
I Mean Nullify It.
22 August 2012
u once check in MOA & AOA for depreciation clause..
if u charge wrong method for dep. than u require to change this and also point out in audit report..
its known as wrong method followed by the company..
if u charge wrong method for dep. than u require to change this and also point out in audit report..
its known as wrong method followed by the company..
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