Dear All!
Kindly clarify whether the applicability of Depreciation as per Schedule II of New Companies Act, 2013 is prospective or with retrospective effect?
2 Replies
Vandana J Doshi
(Practising Company Secretary)
(12562 Points)
Replied 25 March 2014
Hi,
The same has not been made applicable as yet....so wait for any clarifications or notifications in this regard from the MCA....
Regards
aishwarya s raghavan
(student)
(224 Points)
Replied 25 March 2014
Dear Vandana!
Even though the schedule is not yet notified, is it advisable to implement from 13-14 itself?
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