Depreciation

Calculate Depreciation proportionately for preparing balance sheet.

However, for Income Tax purpose there would be only one assessment of firm (assuming any one or more of the old partners continue to be the partners of the firm) i.e. no additional calculations are required just calculate normal depreciation for whole previous year and claim it.

Because under Income Tax rules Depreciation is calculated either for more than 180 days or less, and under companies act depreciation on the basis of days....I still have doubt about the propotionate basis.

Companies Act is for Companies and not for Partnership firm.