Plzzz tell me the rate of depreciation on leasehold land as per Companies Act??????????
Vandana Mulchandani
(Finance Manager )
(9227 Points)
Replied 04 October 2011
As per my knowledge - Depreciation on Leasehold Land - Lease value of Leasehold Land are amortised over the period of lease.
Please correct me if i am wrong.
CA. Sandeep Kumar Singh
(Deputy Manager (F&A))
(31 Points)
Replied 04 October 2011
Agreed With Vandana
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