banner_ad

claim of Additional Depreciation

This query is : Open 
Profile Image

Profile Image

(Querist)
27 May 2017 Please advise practical working of Additional Depreciation for the Financial Year year 2016.17. In the earlier year company had claimed Additional Depreciation and the balance Wdv is remained. Now on balance Wdv how to claim the depreciation whether to claim @20% or normal depreciation @15%
Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
27 May 2017 Additional depreciation allowed only on new assets, so you can claim additional depreciation in year of purchase only. Thereafter only normal depreciation is allowed.
Profile Image

Nischit Sanghavi

Profile Image

Nischit Sanghavi (Expert)
28 May 2017 Additional depreciation is allowed in the year when you installed machine
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details