03-24-2010, 08:38 PM
Tax depreciation is the depreciation which is applied on assets as per the rates of depreciation specified in schedule 3 of Income Tax Ordinance 2001.
Accounting Depreciation is charged on assets at the rates determined by management. Accounting depreciation is charged at per rates specified and determined by management on the basis of internal policies and professional judgements.
Accounting Depreciation is charged on assets at the rates determined by management. Accounting depreciation is charged at per rates specified and determined by management on the basis of internal policies and professional judgements.
