Depreciation of machines fails under the indirect expense... — Answer & Explanation | PrepBeePakistan

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HomeMCQsChemical Engineering

MEDIUMENGLISHChemical Engineering

Depreciation of machines fails under the indirect expenses head. As per income tax regulations, it is calculated by the __________________ method?

Correct answer: A

Explanation

Under income tax regulations for indirect expenses, the diminishing balance method is used to calculate depreciation of machines.

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