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Depriciation method of companies

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

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CA R SEETHARAMAN (Expert)
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.
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Gokul Sharma

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

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CA R SEETHARAMAN (Expert)
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.
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MUSKAAN SEHGAL

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

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