Poonawalla fincorps
Poonawalla fincorps

depreciation

This query is : Resolved 
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(Querist)
13 September 2012 plz suggest

in case of company
will dep.rate be applicable on cost or cost less accumulated dep.for calculating dep, using SLM.
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
13 September 2012 SLM Depreciation Applicable on Historical Cost+New Addition.
Depreciation Need not to Deduct.

SLM Depreciation Will be Same For All Years Untill There is Not any Additions or Deletion in Asset.

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