Section 80G of the Income Tax Act allows taxpayers to claim deductions for donations made to specified funds and charitable institutions. To illustrate the...
Depreciation:
CA Devesh Thakur
Definition: Depreciation is the systematic allocation of the cost of a tangible asset over its useful life. It represents the decrease in...
Definition:
CA Devesh Thakur
Capital gains arise when a depreciable asset is sold at a price higher than its written down value. Depreciable assets include tangible...
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