Regarding ICDS V

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..... In case of Company Assessee, Depreciation is charged in books as per rate /useful life mentioned in Companies Act but in Income Tax Act, it is allowed as per WDV method and specified rate of depreciat .....

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..... ion. ICDS V also says that depreciation shall be allowed as per Income Tax Act. Hence, Should we declare the difference between depreciation charged in boks (as per Companies Act) and Income Tax Act a .....

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..... s adjustment on profit because of deviation from ICDS in Tax Audit and ITR or not? - Reply By MARIAPPAN GOVINDARAJAN - The Reply = In my view yes - Regarding ICDS V - Query Started By: - RAJEEV JA .....

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..... IN Dated:- 1-10-2017 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement .....

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..... - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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