Partnership Firm - Depreciation

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 May 2011 A Partnership Firm is charging depreciation as per rates under Income Tax Rules.Can it change the method of charging depreciation and adopt rates lower than Income TAax?

16 May 2011 You may do as u wish. but doing the same have no sense.

because u will have to fill the income tax return as per the income tax act.



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