Schedule 2 of depreciation
This query is : Resolved
18 July 2015
what is the date of acquisition of an asset to be considered in case where the asset is coming in our books due to acquisition of business or through conversion of partnership firm into a private limited company? And we don't know the date of acquisition of that asset prior to amalgamation or conversion?
18 July 2015
Estimate the future useful life and charge depreciation, disclose the same in notes.
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