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
VINOD ARORA
(Expert)
07 August 2010
07 August 2010
No Additional Depreciation is available only in the year of purchase of Plant & machinery.
Message likes :
1 times
CA Sanat Pyne
(Expert)
07 August 2010
ARORAJI YOU HAVE REPLIED AS YES. BUT IN MY OPINION IT SHOULD BE NO..
CA Ravi Sisodia
(Expert)
07 August 2010
Agreed, No additional depreciation on machinery be claimed next year.
Murtaza I Bhagat
(Expert)
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.
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