1. COMPANIES ACT,2013 CA. Arun Saxena Saxena & Saxena Chartered Accountants 811, Ansal Bhawan 16, Kasturba Gandhi Marg, New Delhi – 110 001. Mob.: 9810037364 E-mail : arunsaxena@saxenaandsaxena.com

2. Depreciation

3. Schedule II  Depreciation:Allocation of depreciable amount of an asset over its useful life.  Depreciable amount :Cost of an asset less its residual value.  Useful life of Asset :Period over which an asset to be available for use. 3 SAXENA & SAXENA

4. Schedule II 4 SAXENA & SAXENA Useful Life Class of companies as prescribed or whose F/S comply the accounting standard Other companies For intangible assets Companies under Regulating Authority Not different from as mentioned in Part C of schedule Not higher than as mentioned in Part C As per Accounting Standard As notified by such Authority

5. Schedule II 5 SAXENA & SAXENA  Disclosure in financial statement.  Method of depreciation  Useful lives of asset if it is different from Part C  Residual value should not be >5% of original cost.  Amount of asset as on the commencement of this schedule  Shall be depreciated over the remaining useful life as per Part C of schedule.

6. THANK YOU 6 SAXENA & SAXENA