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?
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
Message likes :
1 times
22 December 2014
NO ADDITIONAL DEPRECIATON NOT ALLOWED ITS FOR MFG.
Message likes :
1 times
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?
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
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- Rental income of jointly held property
- Accounting with Claude
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
