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Calculation of depreciation on block of assets

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 October 2014 What will be the calculation of depreciation if in the block of machinery , machinery purchased after 180 days sold out in the same year. Suppose
Opening Balance -1,25,619.00
Machinery purchased on 03.12.2013-13,00,000.00
Machinery sold 04.12.2013-13,93,350.00
What will be the depreciation on the above case?
Plz its urgent reply soon.
Thanks in advance for your reply.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
03 October 2014 assuming the brought forward assets are not being sold, then provide full depreciation on the opening WDV

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