capital budgeting
This query is : Resolved
24 May 2009
sir,
pls tell me in capital budgeting chapter...
1)if asset is depriciated on SLM basis...and scrap is given then should the asset be depriciated at cost-scrap value??is it always true or differs from question to question??
pls tell me in capital budgeting chapter...
1)if asset is depriciated on SLM basis...and scrap is given then should the asset be depriciated at cost-scrap value??is it always true or differs from question to question??
25 May 2009
This is the standard practice - SLM dep will be (Cost - Expected scrap value)/ Life of asset
26 May 2009
If the depreciation is charged as per SLM method, then depreciation is charged always as Cost-scrap value.Its applies to all the questions.
The treatment changes if the method is WDV or any other method.
The treatment changes if the method is WDV or any other method.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
