Associate Professor and Head PG, Department of Commerce and Management, Trai Shatabdi GGS Khalsa College, Amritsar, Punjab, India.
Online published on 4 October, 2017.
Choice of methods of providing depreciation is very important decision to be taken by the companies. In India Companies Act directs the companies to follow Schedule XIV for depreciation methods as well as depreciation rates. Schedule XIV provides the use of Straight line method, written down value method or combination of both. The present paper considers the different depreciation methods being followed by corporate sector in India viz. as prescribed under Companies Act or otherwise.
Depreciation, WDVM, SLM, Sch. XIV, Companies Act, Companies characteristics
