Depriciation method of companies

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MUSKAAN SEHGAL (Querist)
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28 February 2020 whether in case of companies depriciation charged amount of an assest willl be same or decreased every year

CA R SEETHARAMAN (Expert)
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28 February 2020 If you choose straight line method it will be the same. In case of wdv method it will decrease. You can choose any one.

Gokul Sharma (Expert)
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29 February 2020 but sir as per companies act now dep is based on the life as per co act.

CA R SEETHARAMAN (Expert)
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29 February 2020 Yes determine the life and choose any one of the method to charge depreciation over the period of life of the asset.

MUSKAAN SEHGAL (Querist)
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29 February 2020 thank you so much for resolving my query

CA R SEETHARAMAN (Expert)
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29 February 2020 Welcome.....................

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