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Depreciation

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 April 2015 From which date are the depreciation provisions as per companies act 2013 are effective? Are they applicable for F.Y. 2014-15?
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
02 April 2015 yes it is applicable from 14-15.............
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
02 April 2015 Yes applicable for all companies from 01.04.2014. See MCA General Circular 08/2014 dated 04.04.2014 from link given below:

http://www.mca.gov.in/Ministry/pdf/General_Circular_8_2014.pdf
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