Depreciation is charged to an asset to show its reduced value due to use, wear and tear, obsolescence, passage of time etc. normally the depreciation is charged on cost of an asset. The paper in hand has tried to know about the preferable current value for depreciation adjustments by respondents from Indian Industry. Replacement Cost and revalued cost are considered as current value for depreciation adjustments under study. Further Current Price Indices, Supplier's/Manufacturer's list and Value determined by technical experts have been considered as basis for current value.
Replacement cost, Revalued cost, Current price indices, Supplier's/Manufacturer's list, Value determined by technical experts
