CONTENTS AT A GLANCE : – 1 DEPRECIATION UNDER COMPANIES ACT, 2013 2 AS-6 ( REVISED ) : DEPRECIATION ACCOUNTING 3 AS-10 : ACCOUNTING FOR FIXED ASSETS 4 AS-19 : LEASES 5 AS-26 : INTANGIBLE ASSETS 6 AS-28 : IMPAIRMENT OF ASSETS 7 PRACTICAL ILLUSTRATION ON DEPRECIATION INCLUDING TRANSITIONAL PROVISIONS 8 COST ACCOUNTING STANDARDS ON DEPRECIATION AND AMORTISATION 9 CASE LAWS ON DEPRECIATION 10 DEPRECIATION REQUIREMENTS UNDER COMPETITION ACT 11 DEPRECIATION UNDER INCOME TAX ACT, 1961 AND REPORTING UNDER CLAUSE 18 OF FORM 3CD APPENDIX 1 SCHEDULE II OF COMPANIES ACT, 2013 VERSUS SCHEDULE XIV OF COMPANIES ACT, 1956 APPENDIX 2 DIVIDENDS – DECLARATION OF – COMPUTATION OF DEPRECIATION UNDER STRAIGHT LINE METHOD AS CONTEMPLATED IN CLAUSE (B) OF SUB-SECTION (2) – CERTAIN QUERIES ANSWERED APPENDIX 3 DIVIDENDS – DECLARATION OF – ACCOUNTING STANDARD (AS) 6 ON DEPRECIATION ACCOUNTING BASED ON GENERAL PRINCIPLES OF ACCOUNTING ISSUED BY THE COUNCIL OF THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA APPENDIX 4 COMMENCEMENT OF PROVISIONS OF THE COMPANIES ACT, 2013 WITH REGARD TO MAINTENANCE OF BOOKS OF ACCOUNTS AND PREPARATIONS / ADOPTION / FILING OF FINANCIAL STATEMENTS, AUDITORS REPORT, BOARD’S REPORT AND ATTACHMENTS TO SUCH STATEMENTS AND REPORTS – APPLICABILITY WITH REGARD TO RELEVANT FINANCIAL YEARABOUT THE AUTHORCA Kamal Garg [B. Com (8), FCA, DlSA (lCAI)[ is a Fellow Member ofTheInstitute of Chartered Accountants of India (ICAI) and a First Class CommerceBaccalaureate from Deen Dayal Upadbyaya College, University of Delhi and anacademic resource partner in KGMA, Delhi. He was also the member of Boardof Studies (BaS) Study Material Research Group (2009-2010) of NIRC of ICAIand a special invitee member of Accounting Standards Board (ASB) [2012-2013)and Ind-AS (IFRS) Implementation Committee [2014-2015) ofICAl. He is alsonominated as a special invitee member to the Committee on Banking, Insuranceand Pension (2014-2015) of N1RC of ICAl. He is also the faculty member ofEthical Standards Board (ESB) and Peer Review Board (PRB) of ICAI. He isalso a key resource person for development and review of various study contentsand webcasts for BaS of ICAl, such as study material and practice manual onAdvanced Auditing for CA Final, eLectures for CA !PCC and CA Final studies, etc.