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What is Depreciation allowance

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What is Depreciation allowance

    • Posted by Tisha Modanwal 4 years, 1 month ago

    CBSE > Class 12 > Economics
    • 1 answers

    Meghna Thapar 4 years, 1 month ago

    An amount that can be taken off a business's profit figure when calculating tax, to allow for the fact that an asset has lost part of its value during a particular period of time is called depreciation allowance.

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