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Change in method of depreciation

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 August 2011 Hello dear,

Our management has desided to change the metod of depreciation from the SLM to WDV.
Can we do this?

And how to treat the resulting difference in depreciation?

Whether below the line or against the current year profit?

Thanks
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
22 August 2011 you can show in against cy profit.
and just make one disclosure by givin some satisfied reason.

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