Depreciation under Income Tax Act: How to calculate depreciation on the WDV of a Block of assets?

Khush Trivedi , Last updated: 27 May 2024
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Introduction As we all are aware about the word Depreciation, Do you know what does it actually means Depreciation is an accounting practice used to spread the cost of a tangible or physical asset over its useful life. As in any business Fixed Assets are required to be depreciated to assets value

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Khush Trivedi
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Category Income Tax Report

Depreciation under Income Tax Act: How to calculate depreciation on the WDV of a Block of assets?

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

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