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Depreciation as per companies act

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 November 2012 Should we calculate depreciation for Assets bought 10days before Accounts Closing Year
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
26 November 2012 Yes the depreciation is to be calculated for 10 days.
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CA Ravi Kumar

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CA Ravi Kumar (Expert)
26 November 2012 yes, agree with sanjay




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