Depriciation method of companies
This query is : Resolved
28 February 2020
whether in case of companies depriciation charged amount of an assest willl be same or decreased every year
28 February 2020
If you choose straight line method it will be the same. In case of wdv method it will decrease. You can choose any one.
29 February 2020
but sir as per companies act now dep is based on the life as per co act.
29 February 2020
Yes determine the life and choose any one of the method to charge depreciation over the period of life of the asset.
29 February 2020
thank you so much for resolving my query
29 February 2020
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