How to calculate value of plant and machinery in case of Msme

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90 Points Posted on 09 December 2020
we take WDV of asset or gross value of asset while calculate value of plant and machinery in case of MSME
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On 09 December 2020 at 13:48 Report
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This discussion clarifies how to calculate the value of plant and machinery for MSMEs. The consensus is that the Written Down Value (WDV), also known as the net book value or carrying amount, should be used for fixed asset valuation, not the gross value.

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My grammar is 💯 good I
7306 Points Posted on 09 December 2020

As10 fixed assets- net book value (net of accumulated depreciation)

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On 09 December 2020 at 15:48
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Chartered Accountant
24588 Points Posted on 22 February 2021
You should take WDV
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On 22 February 2021 at 22:48
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My grammar is 💯 good I
7306 Points Posted on 22 February 2021

Yes

wdv=carrying amount=Net book value

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On 22 February 2021 at 22:53

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