TMI BlogDeduction for terminal allowanceX X X X Extracts X X X X X X X X Extracts X X X X ..... ferred during the financial year; and (b) the percentage specified in the Fifteenth Schedule for computing depreciation in respect of the block is zero. (2) The terminal allowance referred to in sub-section (1) shall be computed in accordance with the formula - A + B / C Where A = the written down value of the block of asset at the beginning of the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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