Treatment of additional depre. arising due to revaluation

261 views 1 replies

Additional Depreciation will be t/f to P&L if Revaluation is for Presentation Not for Funding.

My Question is that if Presentation will be better after Revaluation their will be need of fund for sure.
Then why the above mentioned method(T/f to P&L) will be follow by any enterprise and what is the significance of the same
Replies (1)

first if the revaluation is not increasing the life of the asset, we cant capitalise the same.. this should pe routed through profit and loss a/c only...

 

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register