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Section 205 of the Companies Act, 1956, prescribes the methods of charging depreciation. We are producing below the Rates of depreciation under the Companies Ac
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I. BUILDING [See Notes 1 to 4 below the Table] 1) Buildings which are used mainly for residential purposes except hotels and boarding houses
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Article provides Rates of Depreciation as per Income Tax Act, 1961 on Building, Plant Machinery, Furniture Fittings, Ships on Intangibles Assets Knowhow ...
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