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Which of the following methods are considered as most favourable to production organisation liable for taxation?

  1. Straight line method of depreciation
  2. Declining balance method of depreciation
  3. Sum of the years digits method of depreciation
  4. Sinking fund method of depreciation

Select the correct answer using the codes given below:

  1. 1 and 2
  2. 2 and 3
  3. 3 and 4
  4. 4 and 1

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asked Aug 22, 2017 in current affairs by chandu (215k points)
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