Depreciation - an interesting aspect

Pavan Jain S , Last updated: 08 March 2010  
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Depreciation a non cash expenditure allowed under Income Tax Act, 1961 following block concept. Under the block concept, all the assets falling within the same class and subject to same rate of depreciation are clubbed together and considered as single asset. Any alterations to the value of the

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Published by

Pavan Jain S
(Chartered Accountant)
Category Income Tax   Report

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