Additional depreciation sec 32(1)(iia)

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 April 2015 1) If Any part of old Machinery broken out And we replace it is it eligible For Additional Depreciation.

2) If there is Addition in old Machinery to increase its Efficiency is it Eligible For Additional Depreciation.

21 April 2015 1) Part of old machinery replacement not eligible for additional depreciation.
2) May not be eligible.

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 April 2015 Sir Sure For 1st point

21 April 2015 Yes sure for 1st point.......


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