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Depreciation

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(Querist)
24 September 2010 Is deprication applicable when factory is not run for whole part of the year ,If yes what is the rate or for which period the deprication will be charged ,Pls advice


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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
24 September 2010 It is not clear whether as per IT act or in books of accounts.

However , in both the cases , depreciation will be charged.

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