Poonawalla fincorps
Poonawalla fincorps

Additional depreciation

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(Querist)
22 October 2013 can a company claim additional depreciation on plug,ring & gajues
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
22 October 2013 Additional depreciation can be claimed only on New Plant and Machinery...
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
22 October 2013 As per provisions of sec 32 only on new plant and machinery any assessee can take additional depreciation as rightly said by aryan ji.
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