Account
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 July 2012
is it permissible to provide depreciation as per Income tax act in Statutory Audit Report??? Are Depreciation rate in Co.act are mini. or mandatory to provide depreciation at that rate???
16 July 2012
DEP. RATE IN CO. ACT ARE THE MINIMUM RATE TO PROVIDE DEPRECIATION, ITS NOT MANDATORY.
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16 July 2012
not mandatory
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