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Difference in land

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 September 2016 Can land value as per company act be different from the value of income tax?
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CA R SEETHARAMAN online

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CA R SEETHARAMAN online (Expert)
29 September 2016 As no depreciation charged on land under both the Acts the land value will be the same.

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