Which of the following methods are considered as most favourable to production organisation liable for taxation?
- Straight line method of depreciation
- Declining balance method of depreciation
- Sum of the years digits method of depreciation
- Sinking fund method of depreciation
Select the correct answer using the codes given below:
- 1 and 2
- 2 and 3
- 3 and 4
- 4 and 1