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Depriciation

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(Querist)
25 June 2008 AS per Companies Act whether Depriciation need to be calculated per day or per month?
For instance An asset is sold on 23rd of July then what is the period in number of days for depriciation purpose as per the companies act?
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Shekar

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Shekar (Expert)
25 June 2008 Days till date of sale....
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