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Deprecation or loss

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CA
618 Points Posted on 05 August 2021
When WDV>Sale value ,
It is called loss na

Why it is calling terminal dep.
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On 05 August 2021 at 23:22 Report
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Chartered Accountant
24588 Points Posted on 06 August 2021
From WDV as on the opening date of the year of sale depreciation Upto the date of sale should be deducted
and from that if value is greater than sale value then it should be treated as loss
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On 06 August 2021 at 05:54
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3924 Points Posted on 06 August 2021
Terminal Depreciation means , last Depreciation charge before Asset disposal / Transfer , and only use in Strate line method ( SLM ) of Depreciation .
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On 06 August 2021 at 06:17


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