Urgen query on depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 September 2011
Dear All,
Please help me out in knowing whether both SLM and WDV method for different units under the same company can be followed. Suppose for Furniture and Fixure it is using WDV for one unit and SLM for the other(under the Companies Act).
Please help me out in knowing whether both SLM and WDV method for different units under the same company can be followed. Suppose for Furniture and Fixure it is using WDV for one unit and SLM for the other(under the Companies Act).
CA Pushpendra Gaur
(Expert)
03 October 2011
No, the same is not permissible, a company can have one set of accounting policy
not seperate set of accounting policy for different units
not seperate set of accounting policy for different units
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