Additional Depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 September 2010
Additional Depreciation is mandatory or not
26 September 2010
Depreciation including additional dep is mandatory
Message likes :
1 times
19 March 2012
Mandatory.
Reason is as follows:-
Explantion 5 says...... "this subsection"....
The subsection referred therein is 32(1).
Since additional depreciation under sub section (iia) falls under subsection (1),explanation 5 squarely applies to (iia) meaning thereby addtional depreciation is mandatory.
Reason is as follows:-
Explantion 5 says...... "this subsection"....
The subsection referred therein is 32(1).
Since additional depreciation under sub section (iia) falls under subsection (1),explanation 5 squarely applies to (iia) meaning thereby addtional depreciation is mandatory.
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