Additional depreciation

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17 Points Posted on 08 April 2020
can additional depreciation be claimed by power generating undertakings ?
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On 08 April 2020 at 15:42 Report
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Yes, power generating undertakings are eligible to claim additional depreciation. This can be claimed at rates of 20% or 35%, as applicable, according to Section 32(1)(iia) of the relevant legislation.

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CA Student
15932 Points Posted on 08 April 2020

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

 

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On 08 April 2020 at 16:32
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Chartered Accountant
12739 Points Posted on 09 April 2020

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

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On 09 April 2020 at 06:34
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186 Points Posted on 09 April 2020
Yes. Additional depreciation is claimable
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On 09 April 2020 at 08:36
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Student
23693 Points Posted on 18 April 2020
Yes, Additional Depreciation can be claimed by Power Generating Undertakings.
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On 18 April 2020 at 19:26

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