Depreciation as per companies act 2013

This query is : Resolved

Vidhi Raichura (Querist)
Follow

11 June 2015 Hello experts,
Kindly enlighten me on the below given issue:
Which date is to be considered incase of second hand machinery for calculation of the useful life remaining as per companies act 2013.
Eg.A second hand computer is purchased in the year 2012 and put to use in the same year.While its original purchase date is in the year 2010.
2010 or 2012 is to be considered by the current user of the computer?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

11 June 2015 2010 to be considered for calculating useful life by the current user.

Message likes : 1 times

Vidhi Raichura

Vidhi Raichura (Querist)
Follow

11 June 2015 Thank You for your reply.
What if the original purchase year is not available?

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

HITESH NIRANJAN SAHU

REGIWISE CONSULTANTS PVT LTD

R M Shekhaliya

CA Aakarsh Jain

SUMAN SAHA

Subscribe Now

Depreciation as per companies act 2013

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA