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Rajanikanth (Ca_Articalship)     05 August 2021

Deprecation or loss

When WDV>Sale value ,
It is called loss na

Why it is calling terminal dep.


 2 Replies

Sourav

Sourav (Student)     06 August 2021

From WDV as on the opening date of the year of sale depreciation Upto the date of sale should be deducted
and from that if value is greater than sale value then it should be treated as loss
prasad Nilugal

prasad Nilugal   06 August 2021

Terminal Depreciation means , last Depreciation charge before Asset disposal / Transfer , and only use in Strate line method ( SLM ) of Depreciation .

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