Nikhil Raj
(Self)
(91 Points)
Replied 01 January 2015
|
By this method we find useful life of assets`n'
|
||||
| Rate of depreciation = [1-nth root of s/c]*100 | ||||
| Where R = | ||||
| Rate of Depreciation (in %), | ||||
| n = Useful | 2100 | |||
| life of the asset (in years) | ||||
| s = Scrap | ||||
| value at the end of useful life of the asset | ||||
| c= Cost of |
|
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| the asset | ||||
Rahul kailani
(ca)
(21 Points)
Replied 07 May 2015
under company act 2013, if any assets purchased on 1 oct 2014, for deprecation calculation of fy 2014-15, for this particular assets life used should be taken half year or full year .
my question is related to used year also have in fruction or full year for deprecation calculation under company act 2013.
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