Depreciation

This query is : Resolved 

17 January 2012 Hello !
I want to know how we calculate depreciation what's rules.For example I have machinery Rs. 100000/- between the year purchase machinery Rs. 5000/- on 10th December kindly advise for the same.
Regards
R.K.Saini

19 January 2012 dep. has to be calculated for full year if asset is purchased before 30the sep and half if purchased after that.

19 January 2012 Thanks for your kind Information




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