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Depreciation

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23 June 2011 In depreciation chart as per income tax act, on which % we will be calculate depreciation on sold assets mean ROC % or I.T %
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CA Harish Suwalka

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CA Harish Suwalka (Expert)
23 June 2011 for income tax purpose the Dep. will be calculated with IT rates
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CA Punit

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CA Punit (Expert)
23 June 2011 Depreciation for income tax purpose is calculated as per Block of Assets method and at I.T. rates.
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