Depreciation

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Bhargav Ballal C

student

47 Points Joined May 2016

Additional depreciation is allowed u/s 32(1)(iia) @ 20% on computer installed in production unit of organization

Replies (1)

Vishal Goel

Chartered Accountant

1693 Points Joined April 2014

Hello

Additional depreciation shall be available on computers installed for data processing, system designing and software development and supply for its industrial activities though installed in the office and such office premises are used as industrial premises. [CIT v Statronics and Enterprise Pvt Ltd. (2007) 165 Taxman 153 (Guj)].