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The document provides detailed illustrations on the computation of depreciation under the Income-tax Act, 1961 for various businesses, including calculations for normal and additional depreciation. It covers scenarios involving different types of machinery, computers, and buildings, along with the implications of ownership changes and CSR expenditures. Key points include the eligibility for additional depreciation based on usage duration and the treatment of expenses related to corporate social responsibili

Author
jalantrisha51
Language
EN