Depreciation/fixed assets
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 November 2014
if fixed assets purchased in cash was omitted in previous year by mistake(whole entry). Can depreciation be claimed this year? How to incorporate it in this year accounts?
Ganeshbabu K
(Expert)
27 November 2014
Pass the entry which you would have passed in previous year.
and claim depreciation as per date of entry passed in books
and claim depreciation as per date of entry passed in books
Rupesh Jain
(Expert)
28 November 2014
you can pass the entry and then claim the deprecation
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