My client is a Partnership Firm and was converted in to the
Pvt. Company.
Now, the Question is that the both the entity i.e.
Partnership Firm and Company entitled to get the
Depreciation of Proportionarate basis, they used the Assets?
I reffered to the Income TAx Act, there is no any
specification regarding the convertion only the
amalagamation and merger.
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What is FBT % for the F-Y (2008-2009). & A-Y (2009-2010)
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