Additional depreciation on wind mill for a.y.2012-13
This query is : Open
20 December 2014
Assessee engaged consultancy business.
purchased suzlon wind mill in A.Y. 2012-13
Assessee is eligiable for Addition depreciation in A.Y. 2012-13?
purchased suzlon wind mill in A.Y. 2012-13
Assessee is eligiable for Addition depreciation in A.Y. 2012-13?
CA Kumar Mukesh
(Expert)
21 December 2014
You are not eligible for additional depreciation under section 32(1)(iia) of Income Tax Act, 1961. Since it allowable only to manufactures not consultants
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Rupesh Jain
(Expert)
22 December 2014
NO ADDITIONAL DEPRECIATON NOT ALLOWED ITS FOR MFG.
Message likes :
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30 December 2014
Thank you Sir,
Additional depreciation is not taken due to amendment of finance act 2012?
or is not allowed in previously?
Additional depreciation is not taken due to amendment of finance act 2012?
or is not allowed in previously?
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