Additional depreciation
This query is : Resolved
27 September 2011
assessee has started manufacturing concern during the yrae ffrom april 2010 and is elgible for additional dep.
but the foundry was stopped from jan 2011 and all plant & machinery and buiding has been rented.will he still be allowed to take add dep.
but the foundry was stopped from jan 2011 and all plant & machinery and buiding has been rented.will he still be allowed to take add dep.
27 September 2011
Assessee is not engaged in the business,since stopped on jan,2011, hence 32(iia) can't be claimed.
28 September 2011
thank u sir
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
- Distinct person & regular person POS
- INCOME TAX NOTICE QUESTION
- Query ON belated tds deduction
- Need Conversion process of CA Proprietary firm to CA Partnership Firm
- Query Regarding Error in Establishing Connection with Traces WebSocket eSigner
- Regarding claiming exemption under section 54ec
- Capital gain on sale of resident house by non-resident Indian
- Whether to file ITC 03 for downward GST rate revision - Reg.
- Clarification on Inventory
- E INVOICE NOT ENABLE MY TURNOVER ABOVE 10 CR
- Reversal of Input tax credit of fy 23-24
- REGARDING GST TDS APPLICABLITY
- Dissertation Help AI
- Authority regulating Transmission of unlisted shares
- Auditor's Opion on Financial Statement
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
