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Additional depreciation

Akshit Taneja (17 Points)

08 April 2020  
can additional depreciation be claimed by power generating undertakings ?

 4 Replies

Deepak Gupta (CA Student) (15847 Points)
Replied 08 April 2020

Yes. Refer Sec. 32(1)(iia)

 

NAVEEN CHAND (GST Practitioner) (12615 Points)
Replied 09 April 2020

YES @ 20 % or 35 % as the case may be 

Mandakulathur Ananthanarayanan (181 Points)
Replied 09 April 2020

Yes. Additional depreciation is claimable

Shivam RC (Student) (23631 Points)
Replied 18 April 2020

Yes, Additional Depreciation can be claimed by Power Generating Undertakings.

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