Depreciation calculation

Page no : 2

Nikhil Raj (Self) (91 Points)
Replied 01 January 2015

 By this method we find useful life of assets`n'
Rate of depreciation = [1-nth root of s/c]*100
         
Where R =  
Rate of Depreciation (in %),
n = Useful 2100
life of the asset (in years)
s = Scrap
value at the end of useful life of the asset
c= Cost of    
 
 
 
 
the asset

Rahul kailani (ca) (21 Points)
Replied 07 May 2015

under company act 2013, if any assets purchased on 1 oct 2014, for deprecation calculation of fy 2014-15, for this particular assets life used should be taken half year or full year .

my question is related to used year also have in fruction or full year for deprecation calculation under company act 2013.


kirit patel (accountant) (41 Points)
Replied 09 October 2015

Nikihil ji

 

kindly provid me password

 



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