Depreciation Rates as per Income Tax Act for FY 2023-24

Mitali , Last updated: 07 March 2024  
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Under the Income Tax Act, depreciation is allowed as a deductible expense for assets used in business or profession, subject to certain conditions and limitations. The amount of depreciation that can be claimed depends on the assets useful life, which is determined by the Income Tax Rules. The In

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Mitali
(Finance Professional)
Category Income Tax   Report

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