Hi, can any body tell that whether we can claim additional depreciation of 20% on imported machines too. what if the machines imported are already used their (out of India) i.e. second hand now.
Regards
Sumit
SUMIT (A.M.) (53 Points)
26 July 2013Hi, can any body tell that whether we can claim additional depreciation of 20% on imported machines too. what if the machines imported are already used their (out of India) i.e. second hand now.
Regards
Sumit
Aman
(Finance Professional)
(604 Points)
Replied 26 July 2013
additional dep is available only for new assets..not for used ones whether used outside india or in india..
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