Depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 November 2014
whether plastic items manufacturers plant & machinery is eligible for additional depreciation under income tax act because it is not specified article/item/thing under 11 th schedule of income tax act
it is eligible or not
it is eligible or not
24 November 2014
depreciation u get only in income tax accounting called taxation accounting when so if you do not find in tax in the relevant schedule how would you work out sir!
24 November 2014
if its not a specfied article as per sec 32 then u cannot claim additional depreciation int his case.
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