Enhanced Depriciation - for how many years?

Sunil (CA in Practice) (94 Points)

09 October 2007  
Good Day!!

\Please Clarify whether the Enhanced Depreciation u/s. 32(1)(iia) can be availed:
1) only in the year of purchase or
2) from the year of purchase till the (New)Asset's WDV becomes Nil or
3) from the year of Purchase till the block becomes NIL or
4) from the year of Purchase till the new Asset is sold out.



Regards
Sunil D

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