Easy Office
LCI Learning

Additional depreciation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
17 August 2012 As per section 32, renewable solar energy devices are eligible for depreciation @ 80% and an additional depreciation @ 20% as per the recent ammendment. so will the asset depreciate by 100% in the 1st year?
Profile Image

CA CS Amit S. Kedia

Profile Image

CA CS Amit S. Kedia (Expert)
17 August 2012 Yes..
In that case, 100% depreciation will be allowed in that year
Profile Image

Deepanshu Agg.

Profile Image

Deepanshu Agg. (Expert)
21 September 2012 Yes 100% provided asset put to use more than 180 days




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links