You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent ...
Written Down Value (WDV), Straight Line Technique (SLM) Company policy does not put any restrictions on the use of any method. The Income-tax Act mandates that only the WDV technique be used to determine depreciation, despite the fact that Companies often utilize SLM. When estimating assets...
thanks for reply if we need dep as per co act and income tax act, we will require different dep key where we will configure dep rate and method my doubt is that what will be the role of different dep area in case of dep as per co.act and income tax act Kindly explain Former Membe...