Additional depreciation


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 August 2014 SIR,
A MANUFACTURING COMPANY INSTALLED PLANT & MACHINERT FOR RS. 10.00 LAC IN THE MONTH OF MARCH 2014
SIR WHETHER ADDITIONAL DEPRECIATION @10% WILL BE ALLOWED IN F.Y. 2013-14 AND @10% IN NEXT F.Y.2014-15 OR ONLY @10% IN F.Y.2013-14
SIR PLEASE GUIDE ME

01 August 2014 only 10% additional depreciation can be claimed in in 2013-14.

01 August 2014 10% claim in F Y 2013-14

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 August 2014 BUT SIR AS PER SINGHANIA'S READY RECKONER PAGE NO A-85 PARA NO.48.3-7b 10% CAN BE CLAIMED IN NEXT F.Y. 2014-15

04 August 2014 well... he is not only single guy who saying this... since there is no clear guideline about this there are both type of supporter, even courts has given verdicts in both side in different cases.
but i feel only 10% must be claim if period is less than 180 days in very first year.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 August 2014 SIR,
WHEN THERE IS NO CLEAR CUT GUIDELINE,THEN HOW WE CAN DO TAX PLANNING FOR CURRENT F.Y.2014-15 ?

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 August 2014 SIR,
WHEN THERE IS NO CLEAR CUT GUIDELINE,THEN HOW WE CAN DO TAX PLANNING FOR CURRENT F.Y.2014-15 ?

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 August 2014 SIR,
WHEN THERE IS NO CLEAR CUT GUIDELINE,THEN HOW WE CAN DO TAX PLANNING FOR CURRENT F.Y.2014-15 ?


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details