Additional Depreciation
This query is : Resolved
07 August 2010
can additional depreciation on machinery be claimed next year for the balance 10%
regards
girish
regards
girish
07 August 2010
07 August 2010
No Additional Depreciation is available only in the year of purchase of Plant & machinery.
Message likes :
1 times
07 August 2010
ARORAJI YOU HAVE REPLIED AS YES. BUT IN MY OPINION IT SHOULD BE NO..
07 August 2010
Agreed, No additional depreciation on machinery be claimed next year.
07 August 2010
agreed, as no....depriciation next year.
09 August 2010
Murtaza ji i think you mean to say no additional depreciation next year.
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
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- 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
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
