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Raj Luxmi Stone Crusher P Ltd Vs Department Of

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Depreciation on crusher machine as per it act income depreciation rate chart as per companies act 2013 depreciation on crusher plant company jun 04 2016 5 hence the depreciable value of the asset will be rs 95 accordingly rates are calculated in the following depreciation rate chart companies act 2013 note that depreciation rate as per wdv method will always change since they depend on cost

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Rate of depreciation as per income tax act on stone crusher rate of depreciation on stone crusher as per income tax act bsc campc joint venture new delhi vs department of income tax that the commissioner of income tax appeals the cita erred on facts and in law in under sections 14714331453 of the income tax act 1961 the act

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Depreciation rates as per income tax act for the financial years 201920 amp 202021 are given below a list of commonly used depreciation rates is given in a

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2020616ensp enspdepreciation under companies act 2013 1 schedule ii 2 see section 123 useful lives to compute depreciation part a 1 depreciation is the systematic allocation of the depreciable amount of an asset over its useful life the depreciable amount of an asset is the cost of an asset or other amount substituted for cost less its residual value