Direct tax
This query is : Resolved
Karunya TM
(Querist)
19 June 2015
what is additional depreciation?
Nischit Sanghavi
(Expert)
20 June 2015
Additional depreciation is available on New Machinery Purchase. Basically, rate of Depreciation on Machinery is 15% but if u purchase a new machinery then you can charge 20% as additional depreciation i.e. in total 35%.
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