Webcompanies as per Ind AS Schedule III to the Companies Act, 2013, the ICAI in its endeavour has brought this Guidance Note for the benefits of its members. I take this opportunity in thanking the President of ICAI, CA. Nilesh S. Vikamsey and Vice President CA. Naveen N. D. Gupta for their support and guidance in bringing out the publication. The useful life or residual value of any specific asset, as notified for accounting purposes by a Regulatory Authority constituted under an Act of Parliament or by the Central Government shall be applied in calculating the depreciation to be provided for such asset irrespective of the requirements of this Schedule. See more Notes 1. "Factory buildings" does not include offices, godowns and staff quarters. 2. Where, during any financial year, any addition has been made to any asset, or … See more

Companies Act 2013 – Schedule III and Amendments - ClearTax

Webthe revised Schedule VI for the Balance Sheet and Profit and Loss Account to be prepared for the financial year commencing on or after 01st April 2011. The requirements of the … Webto Schedule II to the Companies Act, 2013, and wherever term ‘Schedule XIV’ is used it refers to Schedule XIV to the Companies Act, 1956, unless specified otherwise. 3. Overview of … family law solicitors poynton

USEFUL LIVES TO COMPUTE DEPRECIATION

WebJan 24, 2024 · The ICAI in 2024 issued a Guidance Note (first edition) on Division I–Non Ind AS of Schedule III to the Companies Act 2013. The first edition was revised in 2024. Now, … Webbe charged. If Schedule II would not have been introduced, depreciation the introduction of Schedule II of the Companies Act, 2013, depreciation charged for these 16 years would … WebJul 15, 2024 · The provisions of this Part shall apply to the income and expenditure account referred to in subclause (ii) of clause (40) of section 2 in like manner as they apply to a … cool anime gifs fight