07 August 2015
Please solve my query regarding calculation of depreciation with this example -
useful life of computer is 3 years
I made the following purchases
year 2000-01 -50000
year 2004-05 -10000
year 2013-14 - 60000
yaar 2014 -15 - 25000
suppose op wdv as on 01/04/14 is 30000/-
total accumulated depreciation is 45000/-
how to calculate depreciation according to companies act 2013??
please help me out