Depreication
This query is : Resolved
17 September 2008
Can a Company adopt Depreciation rate as per Income Tax Act to book Depreciation in books of accounts ?
S.Srinivasaraghavan
(Expert)
17 September 2008
Provided that rate is equal to or more than the rates prescribed under companies Act.
17 September 2008
May be read as schedule X1V of Companies Act,1956.
21 June 2010
agree
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