Additional depreciation

can additional depreciation be claimed by power generating undertakings ?
Replies (4)
Quick Summary
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.

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

 

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

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

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