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depreciation

This query is : Resolved 

14 May 2011 why claming depreciation has become mandatory after 2000 and why the locking period of 8 years for carrt forward of unabsorbed depreciation has been removed?

19 May 2011 Depreciation is mandatory as there is wear and tear in the assets and if depreciation is not claimed, the financials wont show appropriate results and the correct picture.



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