Which of the following methods are considered as most favourable to production organizations 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
5
Question Not Attempted