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krishnaveni

krishnaveni (Querist)
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16 November 2011 how deprecation is expenses?

Rajnish Singh

Rajnish Singh (Expert)
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16 November 2011 Depreciation is considered as expenses , therefore you can valuate your assets in right way.

Majorly this concept will raised for taken the provision for that therefore after a certain time you will be able to make a new assets instead of old.

where is the matter of expenses treatment. on the business activites assets got depreciate . that why it treat as exp.