Depreciation issue

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 September 2016 Dear All, one of asset in the block WDV is 96/- pls tell me should i write this asset in p&l accounts, Regds Munesh

Amol S Joglekar

Amol S Joglekar (Expert)
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06 September 2016 yes you can do so, considering the VALUE of the asset.

Querist : Anonymous

Querist : Anonymous (Querist)

06 September 2016 sir, actually there is two assets in that said block. the first asset WDV was 105464 as on 1/4/2015 and second asset wdv was 96 as on 1/4/2015, if i write this asset in debit side of p&l account the asset wdv become zero, now the question is if i do so on which amount dep. will be charge

Amol S Joglekar

Amol S Joglekar (Expert)
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06 September 2016 remaining amount of wdv of the second asset

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