query related to AS-6

Save Share

This query is : Resolved

Bhargav (Querist)

12 June 2008 Hello,

one public limited company wants to provide depreciation by different methods
on different assets.

Auditor also allows the same.

I have got doubt from the same.

AS-6 says that combination of methods
may be used for depreciation.

So, it can be interpreted in two senses
viz...
1) that different methods for different
assets say for example, SLM for plant
and WDV for vehicle.etc...
2) that a combination of two methods may
be used say for example a new method
may be adopted such as it would be decided
to depreciate the asset on some other
method or by combining the effect of
different depreciaion methods.

plz suggest, how to interprete the lines
of AS-6 as given above.

Taranjit Singh

Taranjit Singh (Expert)

29 September 2009 If this query is still pending then please post it again by updating......Good wishes.....or you can also send me a PM.
Otherwise it is already resolved.

Taranjit Singh

Taranjit Singh (Expert)

29 September 2009 If this query is still pending then please post it again by updating......Good wishes.....or you can also send me a PM.
Otherwise it is already resolved.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now