Additional depression
This query is : Resolved
18 November 2012
Dear sir I m confused in additional depreciation. Pls help me
18 November 2012
Aditional Depriciation is applicable if the machinery purchase & installation took place in the same financial year.the rate of additional depriciatio is 20% and 10% if the use is less tahn 180 days.
09 October 2021
If the machinery is used for all the 3 shifts, then additional depreciation can be claimed.
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