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06 May 2009 is their any planning can done by using deprecation rate given in companies act & in income tax rate?


Can companies charge lower rate of depreciation given in companies act.

06 May 2009 What planing your are referring to it is not clear from the query, however it seems that the query is regarding tax planning. Yes tax deferral planning is very much possible by using the tax deparication rate and companies act depreciation rates.

Companies can not charge the rates lower than as provides in schedule XIV of the Companies Act.

08 May 2009 thank you sir for solving my qurey . Can you explain with the help of example how tax planning can be done?




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