EASYOFFICE
EASYOFFICE
EASYOFFICE

Depreciation as per companies act 2013

This query is : Resolved 
Profile Image

Profile Image

(Querist)
01 June 2015 If the cost of asset is not determinable how to calculate depreciation as per schedule II of companies act 2013.
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
01 June 2015 Why cost of asset is not determinable? You must have FA Register. Please put up the query in detail.
Profile Image

Heta

Profile Image

Heta (Querist)
01 June 2015 For eg. If there a building purchased during 1992-1993, and its not possible to determine the original cost of the same, what should be done?
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
02 June 2015 At what value the Building is appearing in the books?
Profile Image

Heta

Profile Image

Heta (Querist)
02 June 2015 15 lac opening bal as on 1st april 14
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
02 June 2015 I think it is the WDV. So you just need to depreciate it over the remaining useful life of the Asset.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links