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Depreciation on new assets purchased as per schedule ii

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(Querist)
02 September 2015 How to provide depreciation on assets purchased during the year 2014-15 as per Schedule II..?

In schedule II it is mentioned that "dep. on such assets shall be calculated on pro rata basis from the date of such addition."

Does it mean that we need to do days wise calculation for depreciation??
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
02 September 2015 Depreciate for the number of days.
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Hitesh Sharma

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Hitesh Sharma (Querist)
02 September 2015 If additions are made on different dates then we need to calculate depreciation every time for every asset.
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