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How to calculate depreciation for no. of Days in SLM for purchase of assets year

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(Querist)
26 February 2022 how to calculate depreciation for No. of days in SLM for purchase of Fixed assets year,
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
27 February 2022 Either take it as no. of full month used & appropriate the depreciation by 12
Or calculate the no. of days used in the year & appropriate the depreciation by 365 days.

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