Additional Depreciation

Mr.Sathyanarayana A

Additional depreciation is not a thrust on the assessee as in the case of deprectio.  Depreciation is a thrust on the assessee as per the provisions of Explanation 5 to sub-section (1) of section 32.  Additional depreciation is allowable on fulfillment of certain conditions.

Best Wishes

Sathikonda

Mandatory.
Reason is as follows:-
Explantion 5 says...... "this subsection"....
The subsection referred therein is 32(1).
Since additional depreciation under sub section (iia) falls under subsection (1),explanation 5 squarely applies to (iia) meaning thereby addtional depreciation is mandatory.