Depreciation calculation help required

CS Arjun Rajagopal (B.com, ACS) (1056 Points)

13 June 2016  

Dear CCI Members,

Please help me to calcualte depreciation as per Schedule II of the Companies Act, 2013 from the following info:-

Asset Purchased : Xerox Machine

Date of Purchase : 30.05.2015.

Cost of Machine : Rs. 52,000/-

Step by Step calculation is highly appreciated.

Thanks & Regards,

Arjun Rajagopal