Depreciation as per schedule ii of the companies act

Co Act 2013 494 views 3 replies
WHETHER DEPRECIATION AS PER SCHEDULE II OF THE COMPANIES ACT 2013 IS MANDATORY FOR THE FINANCIAL YEAR 2014-15
Replies (3)

As it has been stressed that WDV as on 31.03.14 itself clearly exhibits that its mandatory.

Dear, for the FY 14-15 it is voluntary (Swaikshik) as per your choice (see the attached notification but it is mandatory from 01.04.2015

I have made a Calculator which helps to Calculate Depreciation as per transitional provisions of the  Schedule II of the companies Act 2013 .

Download the Attached file.
(Make sure you have macros enabled while working on a sheet.

It is quite Simple,Precise,User Friendly.


CCI Pro

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