Depreciation
This query is : Resolved
26 March 2010
Whether Additional Depreciation (Multiple shifts) is available under I. Tax Act, on Ocean-going ships / vessels ???
Whether Additional Depreciation (Multiple shifts) is available under I. Tax Act, on Ocean-going ships / vessels ???
26 March 2010
I don't think so that there are such provisions under IT Act
26 March 2010
There is no rule for additional depreciation on account of multiple shifts in IT Act.
So dep of 20% is allowed only on WDV under IT Act.
So dep of 20% is allowed only on WDV under IT Act.
26 March 2010
agree with expert
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
- Original return filed under Old scheme, can we file updated return under old scheme?
- REGARDING AVAILABILITY OF ITC UNDER SECTION 17(5) FOR TRANSPORTATION OF PASSENGER SERVICES
- LTCG and Speculative gain treatment
- Ladki bahin yojna
- Reporting SIP capital gain in itr
- A Durga Puja Committee to be treated as which person under Income Tax
- International visit expenses
- GST-Marketing Research Organization
- IRT section to claim fuel + driver salary+ insurance premium on company leased car (old tax regime)
- Tfr of share in under const. shop to close relative without consideration, what documentation requir
- ITC Credit Interbranch
- Annual Information Statement is Not downloading
- Claim ITC- Eligible
- REVISED AUDIT REPORT IN FORM 10B
- Closing Assets in trial balance shown in which side dr or cr. side
- How to present in Balance sheet as per scheduled III and under which head
- Capital Gain on Equity ETF without STT
- WRONG BILL ISSUED BY SUPPLIER
- MCA filings and Compliance Practice
- Tax Audit applicable for fy 24-25
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
