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Additional Depreciation

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(Querist)
25 October 2017 A Manufacturer has claimed additional depreciation in the last year and he has again purchased new machineries for expanding his business can he claim additional depreciation on the new machineries purchased during the current year..
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
25 October 2017 Yes you can claim... Asditional depreciation allowed only on new machineries purchased suring the year.....
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
25 October 2017 Agree with Rashmi Mam. You can claim additional depreciation for every addition of NEW machine




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