Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

banner_ad

sec-32

This query is : Resolved

Share Report Follow Query Ask a Query

SHWETA GERA

SHWETA GERA (Querist)
Follow

02 August 2010 Under sec.32 normal dep. is not allowed as deuction if value of block of asset(plant & mach.) is nil. Is it true in case of additional depreciation also?

CA Sanat Pyne

CA Sanat Pyne (Expert)
Follow

02 August 2010 YES IT IS TRUE,
AS PER INCOME TAX DEPRECIATION MEANS NORMAL DEPRECIATION AND ADDITIONAL DEPRECIATION.

Message likes : 2 times

Aditya Maheshwari

Aditya Maheshwari (Expert)
Follow

02 August 2010 Yes. Anything into zero is zero only.

Message likes : 1 times

Taranjit Singh

Taranjit Singh (Expert)
Follow

02 August 2010 Correct.

Message likes : 1 times

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

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member siddhesh satardekar

siddhesh satardekar

Pro Member shreesh acharya

shreesh acharya

Pro Member Vinod Selv

Vinod Selv

Pro Member Suhasini

Suhasini

Pro Member Vidish Bhatt

Vidish Bhatt

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

ARTICLESHIP 28 May 2026

Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details

14 May 2026

Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details

01 June 2026

Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details

11 May 2026

CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details

ARTICLESHIP 08 June 2026

Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details

26 May 2026

CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details

24 May 2026

Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details

26 May 2026

Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details