Depreciation rate calculation
This query is : Resolved
POOJA MUNDHRA
(Querist)
16 June 2015
Motor Cycle Cost Rs. 50006/-
Date of Purchase 23.06.2010
WDV As on 31.03.2014 = 16283/-
Used life = 3years and 281 days
Usefull life = 10 years
Remaining Usefull life = 6 Years and 84 days
So how to use formula for calculation of depreciation
R= {1-(s/c)^(1/n)}*100
Date of Purchase 23.06.2010
WDV As on 31.03.2014 = 16283/-
Used life = 3years and 281 days
Usefull life = 10 years
Remaining Usefull life = 6 Years and 84 days
So how to use formula for calculation of depreciation
R= {1-(s/c)^(1/n)}*100
Arpit Shah
(Expert)
16 June 2015
https://taxguru.in/company-law/depreciation-companies-act-2013-practical-approach.html
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