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.

VAMSI ASSOCIATES/S.PHANI RAJ

VAMSI ASSOCIATES/S.PHANI RAJ (Expert)
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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

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