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deprication mehtod

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(Querist)
01 July 2009 pls tell me applicabilty of WDV and SLM method under companies and income tax act.

whether we can use slm under income tax act.
How it affect the MAT for calculation of Tax
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srinivas

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srinivas (Expert)
01 July 2009 The apllicability of the method of depreciation is optional as per companies act but where as the option under income tax is available only to power sector companies and others should follow WDV

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