Depreciation as per company act.

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Querist : Anonymous

Querist : Anonymous (Querist)

08 January 2016 Dear Experts, plz guide me on following query.... i am using depreciation formula (asset cost-residual value/usefull life) assume if specified rate for depreciation is defined in company act. the how we will calculate depreciation.. please let me know with an example if possible.... Regard manoj Kalra

Arpit Shah

Arpit Shah (Expert)
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08 January 2016 http://taxguru.in/company-law/depreciation-rate-chart-as-per-companies-act-2013-with-related-law.html

Arpit Shah

Arpit Shah (Expert)
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08 January 2016 http://taxadda.com/companies-act-2013/depreciation-as-per-companies-act-2013/

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Querist : Anonymous

Querist : Anonymous (Querist)

08 January 2016 dir arpit sir this article was not helpful for me..
here.. plz tell me assume if i have purchased vehicle Rs. 50000 on 12/1/2015, and dep. rate is also specified then how we will calculate dep. as per slm method for the same weather residual value and usefull life will be consider or not...