Accounting statnderd
This query is : Resolved
chhaya jain
(Querist)
03 April 2013
what is the procedure by followed my enterprise in case fixed assets is not use by my company in business for temprarory period. wether depreciation charged during temprarory period or not ?
CA. RAGHAV GARG
(Expert)
03 April 2013
As per Companies Act Depreciation is allowed on actual working of machinery while not so in Income tax
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