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Tax depreciation

Sir.. What is meant by tax depreciation?


Shalini Shalu

Shalini Shalu

CA Inter

300

18-Jun-20 15:31

18

Answers (1)

The depreciation rates are different under Income tax act and Companies Act. Tax Depreciation means, depreciation as computed under Income tax rules.


Sriram Somayajula

Sriram Somayajula

Admin

18-Jun-20 15:58