Depreciation
Querist : Anonymous
My query is, whether treatment done by company is correct.?
Is it MANDATORY for a company written off an asset to only 95% of its value, or company at its discreation can writte off fully.
Pls advice by quoting rlevant law /as reference.
But as per Income tax act you can write off fully..
Regards:
CA Piyush
Querist : Anonymous
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