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Which Depreciation rates would apply for LLP firm?
sir, need to know that which Depreciation Rates would apply for LLP firm ? should I take Depreciation rates as per IT Act or as per Company Act ?? which dep rate I will apply on assests. ( As per IT or as per Company). help me out in this .
Replies (4)
Quick Summary
IT ACT
LLP govern as per LLP Act 2008 ,not as per Companies Act 2013 .
IT act
Take Depreciation as per IT act
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