Sec 40A93)

no...the payment of machine will not hace any impact on the depreciation charged on it.......it will be charged on its usual rate of 15%....as sec 40 A(3) is fr items related to items of p& l a/c nd so it has no relation with the mode of payment fr purchase of machinery......

sec 40(A)3 comes into the picture only if assessee incurs an expenditure.therefore,purchase of capital assets on which 100% or even normal dep is allowed will not constitute exp.

40A(3) will apply if buying and selling machinery is part of its business.  Otherwise, no impact.