Accountancy, asked by 8882975116, 1 year ago

What is rule and definition of depreciation?

Answers

Answered by amangrover624

Answer:

Depreciation is a mandatory deduction and the Act allows the deduction either under straight-line method or written down value (WDV) method. They calculate the deduction for depreciation under the WDV method except for undertaking engaged in generation or generation and distribution of power.

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