Depricaition

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Querist : Anonymous (Querist)
05 April 2012 can land be depricaited

05 April 2012 Not at all. Land is not a depreciable asset.

05 April 2012 yes agreed,

you cannot charge depreciation on land


05 April 2012 we can,t provide depreciation on land because we can,t estimate fixed life of land

06 April 2012 Land is NOT a depreciable asset and accordingly depreciation CANNOT be charged on land.


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