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Depreciation


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Querist : Anonymous

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Querist : Anonymous (Querist)
24 June 2017 Sir, is there any situation where depreciation claimed in p&l and depreciation deducted from the fixed assets are two different amount.?
Is there any other situation where only depreciation is claimed as expense?

24 June 2017 No such case will be there. Its only possible when you prepare final a/c for income tax & other separately.



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