Is it mandatory to apply depreciation based on useful life for FY 2014-15 or is mandatory from FY 2015-16.
Pl explain in details.
Deepak Tapse (Accounts Manager - Taxation) (1771 Points)
16 April 2015Is it mandatory to apply depreciation based on useful life for FY 2014-15 or is mandatory from FY 2015-16.
Pl explain in details.
CA AnKiT BoHrA (AB)
(Manager)
(25955 Points)
Replied 16 April 2015
it is mandatory from f.y. 2014-15 dear....i.e. 01.04.2014 onwards
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