Answer Posted / manish sharma

Depreciation: Depreciation is the value of fixed assets
which is utilised in to a company or any other entities for
a financial year. It is calculated as per income tax law
and as per company law.

Amortisation: Amortisation is the portion of preliminary
exp. or other capitalised exp. which is spread over a
period of years which is fixed by company law and others
time to time.

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