Depreciation

Income Tax

A guide to depreciation rates for AY 2021-22

Depreciation is allowed as a deduction under section 32 of the Income Tax Act, 1961. In the computation of taxable income, the depreciation rate as per income tax act will be allowed as deduction...

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Depreciation

Recent posts

Delayed ITR Verification and Denial of Section 80P Deduction: A Critical Analysis of ITAT’s Ruling

ITAT Mumbai gives relief despite delay: When a Missed Deadline Isn’t the End

SEBI Resets Mutual Fund Rules: A Structural Shift for Investors

Why Lacoste Won a 20-Year Trademark Battle Against Crocodile ?

Why Meesho got ₹1,500 Crore Tax Demand ?

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