method of depreciation
This query is : Resolved
11 June 2008
dear sirs/colleague
can we use different method of depreciation for different assets under same block ? (for say block of plant & machinery)
we are a limited company
can we use different method of depreciation for different assets under same block ? (for say block of plant & machinery)
we are a limited company
19 June 2008
Different methods cannot be used for calculating depreciation for the same block of asset.
Guest
Guest
(Expert)
07 October 2009
Yes, Different methods can be used under the companies act, 1956
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