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Additinal depreciation

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(Querist)
21 October 2014 whether additional depreciation is also avilable prorata like 50% if assets installed after september.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
21 October 2014 Yes. If used for 180 days or more then 20% otherwise 10%.
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Anand

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Anand (Expert)
22 October 2014 Agree with sanjay sir.. and plz make sure that it us available only to manufacturing concern.. and on fresh machinery installed.




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