In accountancy, depreciation refers to two aspects of the same concept: Businesses depreciate long-term assets for both tax and accounting purposes. The former affects the balance sheet of a business or entity, and the latter affects the net income that they report. Generally the cost is allocated, as depreciation expense, among the periods in which the asset is expected to be used. This expense is recognized by businesses for financial reporting and tax purposes. Methods of computing depreciation, and the periods over which assets are depreciated, may vary between asset types within the same business and may vary for tax purposes. These may be specified by law or accounting standards, which may vary by country.
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Senguttuvan  Vellore is the headquarters of the Vellore District. The town was constituted as a third-grade municipality in , promoted to first-grade during , selection-grade from and a municipal corporation from 1 August The Vellore municipal corporation has 60 wards and there is an elected councillor for each of those wards.
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Madras Presidency At the beginning of the 19th century, the British firmly established governance over the entire Tamil Nadu. The Vellore mutiny on 10 July was the first instance of a large-scale and violent mutiny by Indian sepoys against the British East India Company , predating the Indian Rebellion of by half a century. During the administration of Governor George Harris — measures were taken to improve education and increase representation of Indians in the administration.
Legislative powers given to the Governor’s council under the Indian Councils Act and Minto-Morley Reforms eventually led to the establishment of the Madras Legislative Council. Failure of the summer monsoons and administrative shortcomings of the Ryotwari system resulted in two severe famine in the Madras Presidency, the Great Famine of —78 and the Indian famine of — The famine led to migration of people as bonded labours for British to various countries which eventually formed the present Tamil diaspora.
India —present [ edit ] When India became independent in , Madras presidency became Madras state , comprising present-day Tamil Nadu, coastal Andhra Pradesh up to Ganjam district in Odisha, South Canara district Karnataka, and parts of Kerala. The state was subsequently split up along linguistic lines. The bordering states are Kerala to the west, Karnataka to the north west and Andhra Pradesh to the north. To the east is the Bay of Bengal and the state encircles the union territory of Puducherry.
The western, southern and the north western parts are hilly and rich in vegetation.
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Therefore city satisfies the foreign exchange seekers with the currency exchange rates today. Geographically, Tirupur is located in the state of Tamil Nadu, South India and functions as the administrative headquarters of Tirupur district, wherein Coimbatore is the closest city. Interestingly Ooty is a much visited hill station at a distance of 96 km from Tirupur. The Thirumoorthy hills connecting Thirumoorthy Dam with the Thirumoorthy temple at the foothills and the Panchalingam waterfalls cascading water into the reservoir is a panoramic view.
Amaravathi Crocodile Farm The biggest population of Crocodiles in South India commonly named as Marsh Crocodiles or Persian Crocodiles are discovered in the Amaravathy reservoir and also in the rivers of Chinnar, Thennar and Pambar which drains into this reservoir. They are dangerous to human beings as they feed on mammals, reptiles, fish etc.
Captive breeding is practised to save this species which is at the verge of extinction. An ideal spot for eco-lovers.
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