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Additional Depreciation

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(Querist)
07 August 2010 can additional depreciation on machinery be claimed next year for the balance 10%
regards

girish
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VINOD ARORA

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VINOD ARORA (Expert)
07 August 2010
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
07 August 2010 No Additional Depreciation is available only in the year of purchase of Plant & machinery.
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
07 August 2010 ARORAJI YOU HAVE REPLIED AS YES. BUT IN MY OPINION IT SHOULD BE NO..
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
07 August 2010 Agreed, No additional depreciation on machinery be claimed next year.
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
07 August 2010 agreed, as no....depriciation next year.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
09 August 2010 Murtaza ji i think you mean to say no additional depreciation next year.

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