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80 IA & Depree rate

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(Querist)
30 August 2007 Please tell me, for an electricity generation company which is allowed to take depreciation as per SLM or WDV Basis, in this case which will be beneficial for the copmany
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Late CA Sampat Jain

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Late CA Sampat Jain (Expert)
02 September 2007 For the purpose of 80IA of IT Act deductio depreciation as per IT rules will be relevant

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