CA Inter doubt

Z Ltd. Purchased a fixed asset for rupees 50lakhs, which has the estimated useful life of 5 years with the salvage value of rupees 5,00,000. On purchase of the assets government granted for rupees 10l

Asked by Rathod10 Mar 2025512 views

3 answers

Suresh · 11 Mar 2025
50,00,000-5,00,000-10,00,000=35,00,000/5years =depreciation-7,00,000
Rathod · 11 Mar 2025
Thank you
Moulikk · 10 Mar 2025
(Cost - grant - estd residual value) / estd useful life

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