Depreciation method
Nitish Agrawal (CA) (810 Points)
08 March 2017Nitish Agrawal (CA) (810 Points)
08 March 2017
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 08 March 2017
companies at own discretion may choose straight line or WDV but after companies act 2013 companies prefer straight line because of easy way of computing depreciation general criteria is if repairs and mainteance are incurred to maintain an asset the preferable method would be WDV
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)