Companies act does not depreciate asset based on less than or more than 180 days. You have to calculate depreciation based on the number of days.
If you used for less than 365 days, calculate like WDV*days used/365*rate of depreciation.
Posted 5 years, 8 months ago by Rahul Rai
Thank you sir,
Posted 5 years, 8 months ago by Manjula Navale
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