International Journal of Application or Innovation in Engineering & Management
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ISSN 2319 – 4847
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Call for Paper, Published Articles, Indexing Infromation A STUDY ON DEPRECIATION OF ASSETS UNDER THE COMPANIES ACT, 2013, Authors : Dr. G. Velmurugan, International Journal of Application or Innovation in Engineering & Management (IJAIEM), www.ijaiem.org
Volume & Issue no: Volume 3, Issue 12, December 2014

Title:
A STUDY ON DEPRECIATION OF ASSETS UNDER THE COMPANIES ACT, 2013
Author Name:
Dr. G. Velmurugan
Abstract:
ABSTRACT Depreciation is the normal wear & tear of Fixed Asset which is usually charged to Profit & loss Account. Depreciation is generally charged annually. The Companies Act 2013 does not prescribe the Rate of Depreciation as stipulated under Income Tax Act 1956. The Useful lives of the Fixed Assets are specified in Schedule II of Companies Act, 2013. The enterprises have to calculate the depreciation as the rate mentioned in the Schedule II. In this article the author discussed aboutthe new rules and regulation for calculatingthe depreciation with regard to tangible and intangible assets. Key Words: -Cost, Residual value, Shift, Useful life
Cite this article:
Dr. G. Velmurugan , " A STUDY ON DEPRECIATION OF ASSETS UNDER THE COMPANIES ACT, 2013 " , International Journal of Application or Innovation in Engineering & Management (IJAIEM), Volume 3, Issue 12, December 2014 , pp. 183-191 , ISSN 2319 - 4847.
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