31 October 2023
I am charging dep on computer for 3 years After 3 years the value of computer is coming to its salvage value. Can I nullify the assets by charging dep on salvage value ? e.g Yearly dep is Rs. 50 and after 3 years assets remains to Salvage value which is Rs. 5 so can I charge Rs 55 (50+5) as dep in 3 rd year ?
CAclubindia
