Additional depreciation
Querist : Anonymous
Plz clarify my doubt.. suppose we have purchased machinery on 10/4/2015 of Rs. 100000/- and this machinery was put to use on 20/4/2015, plzz clarify can we claim both dep. 15% basic and 20% addi. Dep. While filling return for AY 2015-16, plzz solve my query with an example if possible.....
Regard
Anant chhabra
Querist : Anonymous
BAsic depreciation @15% - Rs.15000/-
Additional DEpn @20% - Rs.20000/-
Total DEpn RS.35000/-
Closing WDV - RS.65000/-
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