Home / 
Depreciation Excluded from Deductions; Interest and Partner Remuneration Allowed Under Income Tax Act, Not Sections 30-38.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Deductions from estimated income - Depreciation should be excluded but the interest and remuneration to working partners are allowable as deduction as it does not fall under section 30 to 38 of the Act - AT....