Road transportation vehicle u/s 32 i(1)(iia) of the it act
This query is : Resolved
04 July 2014
hello sir,
my question is what is the eligibility
of additional depreciation on trucks used in production under section road transportation vehicle u/s 32(I)(iia) of Income Tax Act.
basically the business is of quarry....
thank you
my question is what is the eligibility
of additional depreciation on trucks used in production under section road transportation vehicle u/s 32(I)(iia) of Income Tax Act.
basically the business is of quarry....
thank you
04 July 2014
should be a new and unsued asset and must be purchased by the assessee.
Message likes :
1 times
04 July 2014
sir, can you tell
exactly about the section and eligibility for additional depreciation under above section and basically it has as business of quarry .so whether applicable or not?
exactly about the section and eligibility for additional depreciation under above section and basically it has as business of quarry .so whether applicable or not?
04 July 2014
section is correctly quoted by u and i have given the above condition for its eligibility
Message likes :
1 times
04 July 2014
psl see the section in which road transport vehicles are not allowed for additional depreciation.
Message likes :
1 times
05 July 2014
sir can u please explain me exactly in which section i got this
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
- Tax on Deemed Capital Gain
- CLOSING STOCK QUERY
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Grand in aid
- IT returns for fresh job holders
- F&O reporting in ITR
- Difff in ais receipts and gst turnover
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Gst on travel by air for business purposes
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
