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I have absolutely no idea as to which book you found the example in !!
If you will be more specific then I will try and answer.
My apologies, I was referring to Example 4 on page 40 of the opentuition AFM notes and the answer given on ACCA (AFM) lectures – Discounted cash flow techniques (part 3).
The question stated
“An amount equal to the amount of the tax allowable depreciation is required each
year for the maintenance of non-current assets.”Why it’s the maintenance taken as a deductible expenses to calculate tax?
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