We have Capitalization Asset on 01-04-2021 Asset Rs10000/- then Depreciation run on that Asset RS 1000/- on that Year.
Year: 21-22
Asset Rs:10000/-
Depreciation Rs 1000/-
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Net Amt on Year 22-23 RS 9000
this year(22-23) Depreciation run for the 10 Month Rs 900/-
Net Amount will Be Rs 8100/- (Year 22-23)
Now we are Realize that Capitalization Asset Amount is not Rs10000/- it is Rs 8000/-
how to revaluation Asset ?