Plz help abt Depriciation as per companies

hi frnds,

I have a query that , if in calculation of depriciation as per companies act , following SLM , .

what to do in this year in following situation.: 

opening as on 01/04/2009 -Rs.36854/-

Rate- 9.5%

Depriciation Fund Balance as on 01/04/09- 36761.39

what amt of depriciation is to be provided in this year???????

thnks in advance.

Replies (2)

Mr. Bhavik

As per the general practice, while calculating the depreciation under Companies act u hav to calculate the value to assets indivudually and wen the amount of cumulated depreciation of such asset reaches 95% of the value of such fixed assets u shud not provide depreciation in case of such assets.

 

further there is no nexus between the WDV as on date and the cumulative depreciation so not compare it.

 

hope u are satisfied by my reply

thnks frnd,

inspite of bad represantaion of the question you gave full satisfactory answer..,.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details