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IN WHICH SEC OF INCOME TAX ACT 1961 DEPECIATION IS TAXABLE ?
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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.
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Answer / akshaya kumar sethi
DEPRECIATION SEC 31(I) UNDER WHICH IT IS TAXABLE.
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