R12855

We capitalized few asset with date acquired as 1st March 2024. The life of these asset were 84 months. We follow straight line method of depreciation and with initial apportionment of actual start date of the asset. We follow calendar year as the date pattern. In April 2025 during audit, the auditors mentioned the life of these asset should be 96 months and not 84 months. We have already charged depreciation till April 2025 in our books of accounts. There are about 80 such assets where this kind of change is there. We now want from May