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USEFUL LIVES TO COMPUTE DEPRECIATION AS PER SCHEDULE II OF THE COMPANIES ACT, 2013 Useful Lives to Compute Depreciation as per Schedule II of the Companies Act, 2013 Depreciation is a crucial accounting concept that reflects the wear and tear of assets over time. In India, the computation of depreciation is governed by Schedule II […]

USEFUL LIVES TO COMPUTE DEPRECIATION AS PER SCHEDULE II OF THE COMPANIES ACT, 2013 Depreciation is an accounting method used to allocate the cost of an asset over its useful life. It is an essential aspect of financial reporting, providing a systematic way to account for the wear and tear or obsolescence of an asset