Depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 September 2014
is company can use different method or rate of depreciation for same plant & machinery
28 September 2014
No. There should be uniformity in the method of depreciation followed.
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 September 2014
Thank u sir but just recent I was read from ds rawat sir's book that the same que which I asked here.. & answer given in that book is yes. So how it is permissible???
28 September 2014
Its not permissible without any proper justification. If there is any justification at all it needs to be disclosed in notes to accounts.
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