Please, someone do guide me, is the new way of calculation of depreciation i.e as per Schedule II applicable in CS dec,2014 exams? Are we supposed to calculate depreciation as per the new companies Act ?
Pooja (Student) (62 Points)
20 November 2014Please, someone do guide me, is the new way of calculation of depreciation i.e as per Schedule II applicable in CS dec,2014 exams? Are we supposed to calculate depreciation as per the new companies Act ?
Spirit
(Learner)
(450 Points)
Replied 20 November 2014
Calculation Method of Depreciation remains same as per AS-6