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ecostatt.com News !!! :
Anticipatory Income Tax Calculator and Arrear Relief (Form 10 E) calculator for FY 2026-27 have been published in ecostatt.com
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Agricultural Income Tax and Sales Tax Test - Paper III
Choose the correct answer from the following options
1. On 1st January, a machinery at the cost of Rs. 6,00,000 is brought by X Ltd Co. estimated scrap value is Rs. 50,000 and its expected life is 5 years. The amount of depreciation under fixed instalment method is :
A
Rs. 1,10,000
B
Rs. 6,50,000
C
Rs. 50,000
D
Rs. 5,50,000
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