Depreciation : Negative WDV
This query is : Resolved
05 January 2011
No it can never be negative.
RAM KUMAR.K.S
(Expert)
05 January 2011
it cant be negative...or should be maintained at nominal value of Re.1 if the life of the asset is over...or should be written off or disposed off. in those cases only the value of the asset not shown in assets block
05 January 2011
NOT POSSIBLE
CS LLB Pulkit Gupta
(Expert)
06 January 2011
No it can't...
I think u r talking abt. sale of some part of block at a price higher then the total cumulative WDV of block
I think u r talking abt. sale of some part of block at a price higher then the total cumulative WDV of block
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