Dear Export...
Good Evening !!!
Request you all kindly help me
For Private Limited Company which depreciation method is Used ??
1. Straight Line Method
or
2. Written Down Value Method
4 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 15 February 2024
Schedule II of the Companies Act, 2013 prescribes the determination of depreciation using the straight-line method (SLM), written down value (WDV). Therefore, companies can prefer either of the methods for calculating depreciation.
Narendra Wod
(36 Points)
Replied 16 February 2024
Thanks Madam....for your valuable co-operation..Thanks once again.
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