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Treatment of depreciation

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(Querist)
25 February 2012 What is the treatment of Depreciation while computing Working Capital Required on Normal Basis OR Cash Cost Basis ?
Do we include depreciation in W.I.P. if it is a part of Overheads ?
Do we include Depreciation in Stock of Finished Goods ?
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
03 April 2012 Depreciation is not a charge or expense. It is to be added in the profit while preparing MIS data for bank finance and the net assets is to be shown
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