banner_ad

additional depriciation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 March 2010 WHAT IS ADDITIONAL DEPRECATION AND HOW IS IT APPLIED OR CALCULATED
Profile Image

Zeeshan

Profile Image

Zeeshan (Expert)
25 March 2010 in case of New Machiner which is to be used for the purpose of manufacturing or production of an article or goods,
An additional depreciation @ 20% is allowed to the assessee in addition to the normal 15% depreciation.
Calculation:
if assets used for more than 180 days= 20% of cost of machinery
if less than 180 days= 10% of cost
and Plus
normal depreciation= 15% or 7.5% of cost.

it is allowed in the first year of addition only.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details