deprection calculation

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company m deprecation ki calculation income tax act k according krah ya company act according krah h
Replies (3)
Company ke liye karna hai to Companies Act ke according calculation hoga. Yadi Proprietorship ya Partnership ke kar rahe ho to Income tax ke according hoga.

Company hai to Companies act ke hisab se calculation hoga aur statutory audit ke time Deferred tax Asset/Liability calculate hogi.

As per company act, depreciation is to be calculated as per 'life of the asset'.

As per company act, depreciation is to be calculated as per 'life of the asset'.


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