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Additional depreciation u/s 32

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(Querist)
12 June 2012 One of the company has imported plant & Machinery & installed.therafter this assets trf to his assiciates company.can associates company can claim additional depreciation u/s 32?
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CA Dileep Surya Kumar

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CA Dileep Surya Kumar (Expert)
12 June 2012 No, Additional depreciation allowance shall not be allowed in case Old Plant & Machinery.

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