Addnl Depreciation
This query is : Resolved
Guest
Guest
(Querist)
13 March 2011
In Vinod Gupta's module, additional depreciation is charges on air conditioner installed in factory.
However OFFICE APPLIANCES and Road transport vehicles are not eligible.
The above statement cant mean "appliances used in office" since the section separately mentions that- plant or machinery installed in office premise or a residential accommodation is ineligible.
Please help.
Thanks a ton.
However OFFICE APPLIANCES and Road transport vehicles are not eligible.
The above statement cant mean "appliances used in office" since the section separately mentions that- plant or machinery installed in office premise or a residential accommodation is ineligible.
Please help.
Thanks a ton.
15 March 2011
The additional depreciation is charged on only Plant & Machinery situated at factory and it does not include any appliances installed at office or residential accommodation
Message likes :
1 times
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
- ITDS U/S.194T of Firm
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Difference between Date of Payment and Date of Deduction?
- Bank details not Visible on Traces Portal
- Taxability of Partnership firm for FY 2025-26
- TDS AND ITR ISSUE
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
