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Depreciation ON CAPITAL SPARE

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(Querist)
03 July 2023 When a major plant is fully depreciated but is still running and capital spare item are replaced then will it be accounted as per the plant life(0) or according to the individual asset life as per IndAs
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
04 July 2023 Depreciate according to the individual asset life as per IndAs

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