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Additional depreciation


11 May 2019 Assessee has purchased machinery after 1.10.2018 and did not claimed additional depreciation of 10 % in the year 2017-18. Now in current year 2018-19 ,he want to claim Balance (10 %) additional depreciation on the same machinery. is it allowable ?

11 May 2019 Please share the correct details of questions

13 May 2019 To remove the discrimination in the matter of allowing additional depreciation on plant or machinery used for less than 180 days and used for 180 days or more, it is proposed to provide that the balance 50% of the additional depreciation on new plant or machinery acquired and used for less than 180 days which has not been allowed in the year of acquisition and installation of such plant or machinery, shall be allowed in the immediately succeeding previous year as per Budget 2015


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