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AS as per 22

This query is : Resolved 

07 December 2021 Why as per AS 22 Depreciation same amount one time add and Less in Computing income tax of LLP What is reason behind it , while in the case of company Depreciation as per company act Add and Depreciation as per income tax is made minus.
Please reply.

07 December 2021 It's the income tax depreciation provided in books of accounts of LLP.
Hence there is no difference.

08 December 2021 what is meaning of No difference . Please reply sir.

09 December 2021 No difference means same amount of depreciation provided in accounts and claimed in income tax.



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