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Depreciation as per IT
There is any addition depreciation as per IT Act on purchase of plant and machinery for the A. Y. 2018-19
Replies (2)
20% in case of manufacturing and production of any artical or things.
20% if you are using the purchased machinery for manufacturing goods and you can claim only 50% of 20% if the machinery is put to use for a periode less than 180 days.
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