Additional Depreciation
This query is : Resolved
08 March 2008
When we purchases Plant & machinery we are applicable for 20% additional depreciation in the year of puut to use but when we use the same less then 180 days this plant & machinery then we can claim only half i.e. 10% additional depreciation in the year of procurement.
Can we avail the balance 10% Additional Depreciation in the next Year?
Can we avail the balance 10% Additional Depreciation in the next Year?
08 March 2008
you wii not take depriciation in the next year this is only first year you will take enhance depriciation
10 March 2008
No. additional deprecaition cannot be claimed next year.
12 March 2008
no you can not
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
