I want to have some opinion on:
"What may be the best depreciation policy for a transportation business?
What if it is a public transport business and what if it is a freight transport business?"
Subodh Patra (student) (44 Points)
04 June 2012I want to have some opinion on:
"What may be the best depreciation policy for a transportation business?
What if it is a public transport business and what if it is a freight transport business?"
CA Ganesh Agarwala
(Audit Senior Manager)
(239 Points)
Replied 04 June 2012
dear subodh,
i think you can charge depreciation on the basis of the expected kilometer run of the vehicle through out its life.
cheers
ganesh agarwala
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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