Why wdv method but why not slm method?

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Querist : Anonymous

Querist : Anonymous (Querist)

29 September 2013 Hi Everyone...
Why I.T act prescribed W.D.V method for depriciation under Sec 32 why not S.L.M method under the chapeter PGBP?

harish

harish (Expert)
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29 September 2013 There is logic for applying WDV method. Maintenance cost will increase with passage of time. Hence to equate the balance between depreciation charge & maintenance cost, WDV method is the best rather to opt SLM where the blanket rate is applied irrespective of yearly maintenance cost.

Querist : Anonymous

Querist : Anonymous (Querist)

01 October 2013 Could you please explain with an example,so that it will be very helpful..

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