Whether vendor tooling qualifies for additional depreciation
This query is : Resolved
SUBRAMANIAN K P
(Querist)
05 February 2011
Whether tools & dies used for manufacturing automobile parts qualifies for additional depreciation @ 20% under section 32 of the Income tax act.
05 February 2011
If it is the part of Plant & Machinery and completing the Criteria for claiming the additional depreciation......
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