54. X company limited provides depreciation on straight line method (SLM) for
Companies Act and on written down value method (WDV)for the Income Tax
Act. Choose correct option:
a) It is valid
b)
It is illegal
c) It is valid if the depreciation as per WDV is less than SLM
d) It is valid if the depreciation as per SLM is less than WDV
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