Depreciation calculation of WDV & SLM
This query is : Resolved
20 January 2020
Sir,
i want to know the depreciation calculation for company & non company for WDV & SLM
Date of purchase of asset 1/6/2019
Asst value Rs. 10,00000
Residual Value Rs. 2,50,000
Effective life 10 years
so how to calculate the depreciation for the year, first year, last year in both the method
Thanks
Suhas
i want to know the depreciation calculation for company & non company for WDV & SLM
Date of purchase of asset 1/6/2019
Asst value Rs. 10,00000
Residual Value Rs. 2,50,000
Effective life 10 years
so how to calculate the depreciation for the year, first year, last year in both the method
Thanks
Suhas
20 January 2020
What is the category of asset?
Required for Non Company
Required for Non Company
20 January 2020
category is tangible for both company & non company
21 January 2020
10,00,000 -2,50,000 = 7,50,000 divided by 120 month....i.e.Rs.6,250/- per month... This is straight line
WDV, i think should not be a problem for you Is it?
WDV, i think should not be a problem for you Is it?
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