Depreciation
This query is : Resolved
14 July 2017
Exp 5 to sec 32(1) says it is mandatory to claim depreciation And sec32(1)(iii) says terminal depreciation is allowed only if it is written of in books of assesseIs it contradictory to each other?
14 July 2017
what is the contradiction in this?
Both are independent of each other.
One says it is mandatory to claim AND the other says it is NOT allowed unless claimed....
Both are independent of each other.
One says it is mandatory to claim AND the other says it is NOT allowed unless claimed....
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