Hai frnds
I am sravanthi. I have a small doubt regarding Depreciation. Is Proprietory Concern necessary to prepare depreciation statement? If yes what are d rates? if d ans is no what is the reason? Pls frnds help me. Its very urgent to me.
Thanks in Advance
Whether proprietorship concern or public company, all r required to prepare Depreciation chart...... There are lots of items on which dep is charged.. Plz refer Direct Tax ready Reckoner for the same....
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