03 November 2014
additional dep. u/s 32 jo plant and machinery par hota h kya woh sirf pehle saal hi milta h ya aagey aane wale saalo m b hum uska benefit le sakte h jaise 1st year 20+15 hota h kya aise hi aagey waale saalo m b hota h ya sirf 15 % hi milta h
22 November 2014
Additional depreciation u/s 32(1)(iia) is available for plant & machinery ACQUIRED & INSTALLED. Since acquisition & installation of a machine can be done only once, additional depreciation will be available only in the first year.
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