Additional depreciation
This query is : Open
CA Ankith Jain
(Querist)
21 April 2016
Can anybody please tell me that whether additional depreciation should be claimed only in 1st year or it can be claimed in subsequent years as well?Please reply.
21 April 2016
Can be in second year also from A.Y 2016-17 . Pl see amendment made through Finance Act,2015.
CA Ankith Jain
(Querist)
21 April 2016
Hello sir, I just gone through the Finance Act 2015, its being mentioned that "if in previous year only 50 additional depreciation is claimed then remaining 50 can be calimed in the subsequent year". But my question was if in previous year full additional dep had claimed then in subsequent years no additional dep right?
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