Depreciation under Companies Act
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 July 2011
Factory worked in a year for 290 days. In which they have worked for 270 days on double shift basis and for 240 days on triple shift basis. Query: Whether depreciation can be charged on plant and machinery at the rate prescribed in Schedule XIV on Triple shift basis or we have to do pro-rata for working for double and triple shift. If to do pro-rata, pl. give a simple equation.
Atul
Atul
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