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Depriciation

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(Querist)
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
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Preety Parik

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

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