As per companies act depreciation is Rs.14000 and company have prior period depreciation of Rs.1000 .Depreciation as per Income tax act is Rs. 18000.
Please tell me the permanent differnce and the timing differnce?
1 Replies
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 02 November 2012
3000 is the timing difference
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