Extra shift depreciation under companies act 2013
This query is : Resolved
CA Shripad Deshpande
(Querist)
20 May 2016
Whether useful life of the assets needs to be revised ,if we calculate extra shift depreciation as per Schedule II?
Please advise.Please give examples if possible.
Thank you in advance
Please advise.Please give examples if possible.
Thank you in advance
Rupesh Jain
(Expert)
20 May 2016
now assets in depreciate according to usefull life not on the basis of use, as earlier company act say.
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