Advance against depreciation

This query is : Resolved 

09 January 2010 Sir, can any one explain me meaning & concept of advance against depreciation.

09 January 2010 its only relevant for power generation companies...there was a case law on it recently...that it is not treated as income..and it is a reserve..



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