banner_ad

Additional Depreciation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
28 September 2010 Assessee Paid Rs 20 lakh on consultancy for machinery which is to be capitalized in the books. Is Rs.20 lakh eligible For Additional depreciation Or Not ????????
Profile Image

CA Navin Jain

Profile Image

CA Navin Jain (Expert)
28 September 2010 not eligible for additional depreciation since there is no purchase of new plant and mavhinery
Profile Image

ATUL BAJAJ

Profile Image

ATUL BAJAJ (Querist)
28 September 2010 The Assessee had purchased the machinery after getting consultation in the above problem. Then He is eligible or not for the same??????????????
Profile Image

CA Navin Jain

Profile Image

CA Navin Jain (Expert)
28 September 2010 yes assessee can claim the additional dep
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
29 April 2026
Associate - Audit, Tax & Compliance

Open Co Consulting LLP

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details