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Deduction

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29 April 2017 Is impairment loss calculated in pursuance of AS 28 is allowed as deduction in income tax....kindly share the reason for allowance or disallowance..
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
29 April 2017 Impairment loss is not allowed in income tax only depreciation on asset is allowed in income tax

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