Tax depreciation

Accountancy

Sir.. What is meant by tax depreciation?

Shalini Shalu

CMA Inter

★ 300

18-Jun-20 15:31

656

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

Admin

18-Jun-20 15:58