The company has shut down the operations and has not charged any depreciation as the assets were not in use.
And should i have to mention this in CARO or audit report?
Menu
Depreciation on assets not being used as operations are shut down. Where to qualify this?
Replies (1)
Yes... in depreciation part i think... please correct me if I am wrong
Recent Threads
- Un claim ITC
- Form 49AA - OCI card holder applying for PAN card
- Section 54f and Sale between father and Son.
- Demat of shares of private limited company
- Income only with share market around 5-6 lack
- Missed GST Reporting for March 2025
- Future and Option Turnover
- Outstanding demand
- Error in filing income tax return
- DRAFT - DIRECTOR's REPORT OF BASE LAYER NBFC
Related Threads
CAclubindia
