Soy Aire on MSN

Understanding Depreciation: A Key to Financial Stability

Depreciation is a crucial concept in finance, affecting both businesses and personal life. It measures the loss of value of ...
Tax Guru

Past Acceptance No Defence in 263 – Tribunal Says Tax Depreciation Must Follow Act

ITAT Ahmedabad upholds PCIT's Section 263 order, ruling that tax depreciation must comply with Explanation 10 to Section 43(1) and ICDS-VII. Unadjusted Government grants must reduce WDV, regardless of ...