What is meant by accelerated depreciation and how can one benefit from it?
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Accelerated depreciation
Replies (2)
Hi , you must be wrong in reading it is actually an additional depreciation and not an accelerated depreciation .
Agreed with CA Shashank Goyal
It must be Additional Depreciation which is allowed @ 20% on Plant & Machinery installed in Factory in the year of purchase only valid only on new purchase and even not on Second hand
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