income tax additional deprecation 32 is applicable on air pollution control equipment yes or no

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11 Points Posted on 21 August 2018
additional deprecation applicable on air pollution control equipment or not
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On 21 August 2018 at 16:53 Report
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Coaching and Practice in Tax Audit Law
4429 Points Posted on 21 August 2018

No, since air pollution control machine is not used in manufacturing / production

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On 21 August 2018 at 16:58
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11 Points Posted on 21 August 2018
if he have manufacturing business
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On 21 August 2018 at 19:29
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Coaching and Practice in Tax Audit Law
4429 Points Posted on 22 August 2018

If that asset is used in manufacturing process then yes he will be entitled to avail additional depreciation

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On 22 August 2018 at 10:07

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