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?
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?
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
really true
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