Please inform me as to how Income tax rules and the income tax act is different?
When we have a Income tax act what is the purpose of having income tax rules?
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Income tax rules & Income tax act
Replies (4)
Hey Raj,IT Act is in 1961,Which Show That Depreciation To Be Charged on Fixed Assets & It Rules is In 1962, They Show U How To Charged Depreciation ,Wheather Opening or Closing & Finance Act Show Rate of Depreciation
Good one ankur, keep it up
really true
It is absolutely true
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