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Depreciation entry in books of accounts as per it act

This query is : Resolved 

30 August 2013 Dear Sir,
I have seen many of firm pass depreciation entry in their books of accounts as calculated under section 32 of the Income Tax Act to avoid mismatch of depreciation .
But as this treatment is not explained in As-6.
Is this right approach!!

Waiting for the earliest

Thanks & Regards
Dhiraj Kumar

30 August 2013 Yes company may adopt such practices



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