Schedule ii applicability
This query is : Resolved
02 April 2015
Whether Schedule II (depreciation rate) of the Companies Act, 2013 is applicable form F.Y.2014-15 or F.Y.2015-16?
02 April 2015
it is applicable from fy 2014-15 onwards.......
CA AnKiT BoHrA (AB)
(Expert)
02 April 2015
depreciation rates are applicable from 1st april 2014 as per companies act 13
03 April 2015
Applicable for all companies from 01.04.2014. See MCA General Circular 08/2014 dated 04.04.2014 from link given below:
https://www.mca.gov.in/Ministry/pdf/General_Circular_8_2014.pdf
https://www.mca.gov.in/Ministry/pdf/General_Circular_8_2014.pdf
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