In Computing company income tax, what is charged in lieu of depreciation? How is balancing allowance and balancing charge treated?

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Which one of the below is true for Corporate Income Tax or Income Tax on compani...
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Muhammad
03-September-2014

Tax Audits Accounting Tax Accounting Tax Law taxation

Question added by Abdulrasheed olabode , Senior Internal Auditor , IHS TOWERS LIMITED
Date Posted: 2017/03/04

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by Joginder Pal , ASSISTANT ACCOUNTS AND FINANCE MANAGER , CLASSY KONTANINERS

None of the above. Companies are taxed at flat rates.

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