IndiaLaw by assureOffice

Articles & practical guides

Practical Indian tax, financial reporting, labour, state law and business compliance guides for CAs, accountants and businesses.

Clear

Articles & practical guides

1 articles
Depreciation: Schedule II Companies Act Component Accounting vs Section 32 Block of Assets

Depreciation: Schedule II Component Accounting and Income-Tax Asset Blocks

Compare book and tax depreciation, including useful lives, the 180-day rule and disposal of depreciable assets. Three FY 2023–24 examples show the calculations and the deferred tax reconciliation.

By Team assureOffice