Income tax v/s book depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 January 2016
I have a seminar on the topic " Difference between Income tax depreciation and Book depreciation". Please help me by giving information on that topic.
30 January 2016
http://yourfinancebook.com/income-tax-depreciation/
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 January 2016
I need difference......
01 February 2016
Tax depreciation is the depreciation that can be listed as an expense on a tax return for a given reporting period under the applicable tax laws. It is used to reduce the amount of taxable income reported by a business. Depreciation is the gradual charging to expense of a fixed asset's cost over its useful life.
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