Regarding depreciation

This query is : Resolved

geethesh (Querist)
Follow

26 August 2011 can a company provide depreciation less than schedule XIV

pls rpl for dis

its very urgent

if possible pls provide me detailed explanation..

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

27 August 2011 No. companies act depreciation rates are minimum rates of depreciation need to be provided by company on their assets.

If you provided less then that violation of law

geethesh

geethesh (Querist)
Follow

29 August 2011 THANX......
BUT MY friend is sayiing some possibility is there...
can u plz assure me abt dis..?

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