Depreciation

This query is : Resolved 

18 June 2015 calculation of depreciation as per schedule ii if an asset is purchased during f.y. 14-15.

18 June 2015 Check the useful life as per schedule II and remove 5% residual value ,depreciate the balance during the useful life.

18 June 2015 Check out rates from link given below:

https://www.caclubindia.com/files0512/496179_59179_depreciation_rate_chart_companies_act_2013.pdf


Check out Application Guide on the provisions of Schedule II to the Companies Act 2013 by Corporate Laws & Corporate Governance Committee of ICAI from link given below:

http://220.227.161.86/37329clcgc27675.pdf



Also Check out files from links given below:

https://www.caclubindia.com/files0512/160320_66209_depreciation__summary.pdf

https://www.caclubindia.com/files0512/1415307_66291_depreciation.pdf




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