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Question

Rate of additional depreciation will be under Section 32, Indian Income Tax Act:

Rate of additional depreciation will be under Section 32, Indian Income Tax Act:

.

Option A: 0.1

Option B: 0.2

Option C: 0.5

Option D: 0.3

Correct Answer

Option: b

Explanation

Rate of additional depreciation will be 20% under Section 32 of the Income Tax Act, 1961

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