Depreciation under income tax act & company act

Brajesh gautam (student) (232 Points)

27 October 2011  

Dear All

Pl explain that while preparing Final A/c , we consider the depreciation rate as per income tax act , & at the time of assessment , IT DEptt consider the same  then what is the use of depreciation under company act .

 

 

PL reply , it is very urgent

 

Thannks

 

Brajesh