Depriciation

This query is : Resolved 

22 August 2011
Dear All,

Under Companies act, for calculating the depriciation for vehicles or Machineries which date is to be taken into consideration i.e Date of Purchase or Date of Put to use.

Regards

Abhijit

22 August 2011 Depreciation, under companies act, should be calculated on pro-rata basis from the period of put to use of machinery.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries