IN WHICH SEC OF INCOME TAX ACT 1961 DEPECIATION IS TAXABLE ?
- 2 Answers
- 4291 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
Depreciation is allowed as deduction under Section 32(1) of
the Income Tax Act, 1961 in India. It's not taxed, but
allowed as deduction from income/profit.
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / akshaya kumar sethi
DEPRECIATION SEC 31(I) UNDER WHICH IT IS TAXABLE.
| Is This Answer Correct ? | 2 Yes | 1 No |
HOW TO CALCULATE INTEREST ON PREVIOUS SELF ASSESSMENT TAX ?
Which form we use at the time of retun filling(quqrterly) in the case of state haryana.Tell me in breief and plz tell me about the use of Challan 'C'.
what are the slab rate for F Y 2010-11
A person buys and sells a number of vehicles in a tax year and makes a significant amount of profit in the process. Will such profit be taxable as capital gain?
how to calculate cst. give me example
what is latest rate of vat cst service tax. what is contractor tds rate.
what is the rate of income tax, if a person gets 200000 per annum, what are entries in tally? what is the income tax to be deducted?
What is MAT?
what is the threshold limit on contract for financial year 2008-09
what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?
How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?
Ours is a SSI unit manufacturing Leather Footwear In himachal Pradesh . We send the Some Material for JOb Work in other state like pujnab, Haryana , and last finishing done at our end , are job worker required to pay service excise duty or service tax or other any taxes
Audit 
