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Accounting of depreciation on dissolution

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(Querist)
25 September 2022 When a firm dissolve during the year than how to charge depreciation till dissolution and after dissolution.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
25 September 2022 Depends upon the way the assets are parted away under dissolution.
An interesting case-study on the issue....
https://www.financialexpress.com/archive/firm-partners-claim-benefit-on-same-assets/147466/

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