Addition depreciation


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Querist : Anonymous

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Querist : Anonymous (Querist)
14 May 2012 A manuf. concern claim additional depreciation on energy saving equipment under income tax act 1961, company's treatment right or wrong?
also refer it's stu. provision.
soon pls

14 May 2012 if energy saving equipment new purchase during the year and its related to Plant & Machinery than co. eligible to claim additional depreciation.

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 May 2012 but energy saving equip. already enjoy 80% rate of depre. !!!


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