Depriciation deduction
This query is : Resolved
12 April 2017
HI,
Depreciation rate as per companies act that we claimed in Income Tax.
Depreciation rate as per companies act that we claimed in Income Tax.
12 April 2017
We have to compute Depreciation as per Income Tax Act for deduction of it in IT Return. We can't claim that of calculated as per Companies Act.
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