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depreciation
Opening wdv is of machinery is given 650000 and in bracket it is written used during the year for 179 days but still full 15% is charged as depreciation. Why?
Replies (2)
If You mean Opening WDV is from 1st April or Opening from Purchased Date...??
Opening WDV in the sense the depreciation was previously provided..... So it was put to use in the previous years also
no matter how many days in the current it is used full depreciation is provided
no matter how many days in the current it is used full depreciation is provided
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