Menu
Depreciation as per schedule iii
Dear all
whether the depreciation as per schedule III for Fy 14-15....is mandatory even though the company is not going to declare the dividend..
I heard from someone that only if u r going to declare the dividend the said provisions will apply...
thanks in advance..
Replies (4)
Hi Sreekanth,
Depreciation is as per Schdule II.
Yes, Vide Genaral Circular no. 08/2014 dt 04/04/2014 issued by Ministry of Carporate Affares its cleare that its new Schdule II (Depreciation) and Schdule III(format of financial statements) applicable from 01-04-2014.
Okay sir.
But I am asking about whether the company who is not going to declare the dividend also required to prepare Depreciation as per Schedule-II
Please let me known the suorce of this Dividend declared and not declared.
For that even I am not sure but the thing is by having section 123 of new companies Act .
They are telling the same
Recent Topics :
- TDS applicability of foreign remittance to Oracle
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
Related Topics :
CAclubindia
