Depreciation as per company law
This query is : Resolved
08 March 2018
Hi
Please confirm , depreciation as per company law is minimum or maximum ie. whether we can provide for higher amount of depreciation in books.
Thanks,
Please confirm , depreciation as per company law is minimum or maximum ie. whether we can provide for higher amount of depreciation in books.
Thanks,
08 March 2018
Depreciation rates as in schedule II is the MINIMUM. If different amount is provided
justification shall be disclosed in the financial statements.
justification shall be disclosed in the financial statements.
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