Depreciation

Land is not depreciated because land is assumed to have an unlimited useful life

Yoga Vishnu

CA Final

★ 11K+

23-Sep-21 16:08

Because land have infinite useful life ��ద����� భ�మి�ి �న�తమ�న �పయ���రమ�న ��విత� �����ది ��य���ि भ�मि म�� �न�त �पय��� ��वन ह�

Rishi Kumar

CA Inter

★ 6K+

23-Sep-21 16:09

And we can depriciate fixed assets

Thread Starter

Rakesh Shah

CA Final

★ 5K+

23-Sep-21 16:10

Because land have infinite useful life

Rishi Kumar

CA Inter

★ 6K+

23-Sep-21 16:10

Land, although a tangible fixed asset, does not depreciate. Land cannot get deteriorated in its physical condition; hence we cannot determine its useful life. It is almost impossible to calculate land depreciation.

Rishi Kumar

CA Inter

★ 6K+

23-Sep-21 16:11

Why when I am type answer in hindi Shows error

Rishi Kumar

CA Inter

★ 6K+

23-Sep-21 16:12

Land is also tangible asset but the value of land never decline

Bgl Narayana

CMA Inter

★ 2K+

24-Sep-21 12:44

We permit only English fonts in forums

Sriram Somayajula

Admin

24-Sep-21 17:02