Bloomsbury A Practical Guide to Depreciation under Companies Act, 2013 By CA. (Dr.) Sanjeev Singhal & CA. R. Sankaraiah Edition Dec 2016

Key Features

• Extensive discussion on the concept of useful life under Companies Act, 2013 vis-a-vis the concept of minimum rates of depreciation as specified under

Companies Act, 1956

• Detailed discussion on the concept of “component accounting”

• Covers transitional provisions pertaining to depreciation due to shift from the concept of minimum rates of depreciation to the concept of useful life

• Discussion on “amortisation principles” for intangible assets

• For ease of reference, covers line-by-line comparison of effective rates of depreciation under the Companies Act, 1956 and the Companies Act, 2013 both under SLM and WDV Method

• Covers impact of change in depreciation rates on various industries