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Depreciation under companies act 2013
An asset is purchased on 27.04.2016. How much period should be considered while calculating Depreciation ?
Replies (1)
Hi
since i am a CA student and as i have considered that depreciation as per company act and income tax act are quit differ from each other.
we charged depreciation on Fixed Assets, so first you need to disclose what types of fixed asset,i.e., Furniture,machines,computer etc, you have bought so that it can be easy to be considered the calculation of the same.
since i am a CA student and as i have considered that depreciation as per company act and income tax act are quit differ from each other.
we charged depreciation on Fixed Assets, so first you need to disclose what types of fixed asset,i.e., Furniture,machines,computer etc, you have bought so that it can be easy to be considered the calculation of the same.
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