Under Income Tax Act depreciation is allowed on ……………… January 11, 2022January 11, 2022 administrator A. purchase priceB. market priceC. w d vD. face valueCheck AnswerC. w d v Share the PostRelated Posts:which of the following heads are the head of Income…The average monthly income of P and Q is Rs. 5050.…Under the income- tax act, the incidence of taxation…Income Tax Act came into force…Section.................. of the Income Tax Act…Income Tax Act was passed in the year_____________.