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Partnership business firms fixed assets depreciation process

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(Querist)
08 February 2016 Hi All,

Please explain, partnership business firms fixed assets depreciation process, and which method they are using for depreciation calculation of the assets.

Thanks,
Mohan.
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Nikhil Kaushik online

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Nikhil Kaushik online (Expert)
08 February 2016 generally follow WDV at income-tax depreciation rates.

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