Additional Depreciation
This query is : Resolved
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 ????????
28 September 2010
not eligible for additional depreciation since there is no purchase of new plant and mavhinery
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??????????????
28 September 2010
yes assessee can claim the additional dep
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