double depreciation

14 August 2018

can a company claim double depreciation, if work is done there in
two shifts

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4 Replies

RAJA P M ("Do the Right Thing...!!!") (128106 Points)
Replied 14 August 2018

👍👍👍👍👍👍👍👍👍👍 Good Question..

But, Not available if it's also run Three Shifts...

Abhishek5g (CA) (167 Points)
Replied 14 August 2018

no available.. schedule II specifically mentions NESD i.e no extra shift depreciation

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vikas panwar (7 Points)
Replied 14 August 2018

Schedule 2 of companies act mentions 50% extra depreciation for double shift as I read from net.. Is there any change in this?

Abhishek5g (CA) (167 Points)
Replied 17 August 2018

yes schedule II provides so.. then u can claim fr sure :)

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