Why wdv method but why not slm method?
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 September 2013
Hi Everyone...
Why I.T act prescribed W.D.V method for depriciation under Sec 32 why not S.L.M method under the chapeter PGBP?
Why I.T act prescribed W.D.V method for depriciation under Sec 32 why not S.L.M method under the chapeter PGBP?
29 September 2013
There is logic for applying WDV method. Maintenance cost will increase with passage of time. Hence to equate the balance between depreciation charge & maintenance cost, WDV method is the best rather to opt SLM where the blanket rate is applied irrespective of yearly maintenance cost.
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 October 2013
Could you please explain with an example,so that it will be very helpful..
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