When WDV>Sale value ,
It is called loss na
Why it is calling terminal dep.
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Deprecation or loss
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Quick Summary
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
and from that if value is greater than sale value then it should be treated as loss
Terminal Depreciation means , last Depreciation charge before Asset disposal / Transfer , and only use in Strate line method ( SLM ) of Depreciation .
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