Fm capital budgetting
Dikshant (student) (43 Points)
20 February 2014
Ms. Sia Raman
(Chartered Accountant- Working Professional)
(198 Points)
Replied 20 February 2014
Depreciation is a non-cash expense. However, it is included as an allowable expense for Income Tax purpose. Due to this expense, the total tax outlay decreases to the extent of the Tax rate on depreciation allowed.
I couldn't understand the second part of your question clearly.
Dikshant
(student)
(43 Points)
Replied 20 February 2014
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India