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This query is : Resolved 
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(Querist)
04 September 2010 Dear sir,
Whether impairment loss is permanent difference or timing difference?
Whether it is tax deductible?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
04 September 2010 It is temporary difference as the same is not allowable as per income tax act provisions but the same gets adjusted along with year on year depreciation.

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