Car And Bike Depreciation Rate: How To Calculate, Formula, Examples
WDV- If you select WDV, the Depreciation amount is calculated as per WDV formula and chart is generated. A company claims Depreciation under the Income Tax Act, 1961 to reduce the taxable income of the company. The Depreciation Formula and the useful life is being provided in Schedule II of Companies Act, 2013 to calculate […]
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