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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Simultaneous claim of depreciation and deduction of depreciation ...

Income Tax

April 12, 2019

Simultaneous claim of depreciation and deduction of depreciation write back - amount credited in P& L Account due to change in the method of providing depreciation as per the Companies Act - WDV to straight line method - it does not have any tax impact and nothing to do with the claim of the depreciation on assets u/s 32

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