Dear Friends
i have a query aur company follow the Income tax Rule for Charging Depreciation since Begining and from this financial year they are apply companies act now some assets are appriciate and some reducted how we can account for this thing.
your suggession will be valuable
I think you must revalue them by putting a revaluationa a\c
Dear Harsha
Your suggestion is correct but question is how can we amortised this reserve and for how many years.
Interactive Media Pvt Ltd.
New Delhi
CA Inter
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Gowra Ventures Pvt Ltd
Hyderabad
CA
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CAclubindia
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