Additional depreciation
This query is : Resolved
10 March 2009
I am running a business of RCC labour work.
I have concrete plant,concrete mixture and concrete pump of my own.
Can i claim additional depreciation on above mentioned assets?
I have concrete plant,concrete mixture and concrete pump of my own.
Can i claim additional depreciation on above mentioned assets?
10 March 2009
Whether your's is a Private or Limited company or partnership or proprietorship. Depending on status you can charge additional depreciation.
10 March 2009
In my opinion,
No since it is not a "manfacturing activity".
No since it is not a "manfacturing activity".
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