Asset Lifecycle Management - PSFT (MOSC)

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INDIAN DEPRECIATION FOR ASSET WORTH LESS THAn Rs 5000

edited Jun 5, 2018 3:25AM in Asset Lifecycle Management - PSFT (MOSC) 2 commentsAnswered

How can we fully depreciate an asset value less than Rs 5000 in the same financial year in which it is procured.

Suppose an Asset is procured in the month of Jan' 17, then it should be depreciated fully till Mar'17.

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