Hi,
Are you aware of any listed entity which has changed its method of depreciation recently? From SLM to WDV or vice versa. Please name
5 Replies
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 31 January 2024
Shopper stop changed and some relief in this article about general depreciation measures
https://relyonsoft.com/blogs/latest-changes-in-depreciation-rule-as-per-companies-act-2013/
sabyasachi mukherjee
(27574 Points)
Replied 31 January 2024
The reason for such changes must be disclosed in notes on accounts for financial statements.
Mahesh
(Executive)
(23 Points)
Replied 31 January 2024
Hi, I checked shoppers stop's annual reports since 2020, Are you sure it's shoppers stop which has changed its depreciation method from wdv to slm or vice versa
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 31 January 2024
https://m.economictimes.com/industry/services/retail/change-in-depreciation-policy-may-help-shoppers-stop-bottomline/articleshow/5137428.cms
Macr depreciation is adopted for wind industry it seems. Check that out as well
Recent Topics
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
- Schedule FA clarification
- Income tax on freelance income from crypto
- ITC temporary reversal and reclaim
- Query on Transactions
- Two GSTN under different PAN in same address
Related Threads
CAclubindia
