Additional Depreciation


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Querist : Anonymous (Querist)
28 April 2010 Whether additional Depreciation Claimed on plant and machinery purchased during the year 2009-10 may affect its WDV . Whether additional depreciation can have any effect on the working of deffered tax liability during the year 2009-10.







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Querist : Anonymous

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Querist : Anonymous (Querist)
28 April 2010 o

28 April 2010 Since the depreciation as per income tax act will be more than as per books of accounts deferred tax will have to provided on additional depn also.


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