Depreciation under Income Tax AcT
This query is : Resolved
Quick Summary
24 August 2020
Can we claim depreciation at lower rate under sec 32 of income tax act?
24 August 2020
No, you can't claim lower rate of depreciation under income tax.
24 August 2020
Thank You Sir,
Do we have option of not to claim depreciation?
Do we have option of not to claim depreciation?
24 August 2020
No option, it's mandatory to claim depreciation.
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