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EASYOFFICE

EASYOFFICE

32AC AND 32AD

Leela krishna D. (9 Points)

02 September 2017

explain in brief...

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3 Replies

Sumit Chakraborty (20 Points)
Replied 03 September 2017

Investment Allowance (Not a Depreciation)
15% allowance allowed for both Section.

Applicability
Sec 32AC any Place + Purchase ₹25cr Asset
Sec 32AD applicable for Andhra Pradesh Bihar Telengana and Bengal Only.

#Purchase and Install New Plant & Machinery
#Both can be availed Simultaneously.
# Sec 32Ac only Company
# Sec 32AD Any Assesse

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ramesh puri (2 Points)
Replied 18 September 2017

if asset is used for less than 180 days then 50% of 15% is allowed or actual 15%??

siva kumar reddy (ca) (42 Points)
Replied 23 September 2017

actual

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