Is depriciation allow on fire damage plant&machienary?

Under the Income-Tax Act the Block Concept is being followed in respect of the assets on whihc depreciation is being claimed.

If the block of the Plant & machinery after deducting the above value of the machinery destroyed by fire make the block to 'Nil' then no depreciation can be claimed.

You can still claim Depreciation on the P&M damaged by fire. As per The I.T.Act Depn of asset which are disfunctional are entitled for Depn until they are transferred. So if you have the Assets lying with you, you can claim Depn on that as the identity of the asset gets lost in the Block, but once you transfer it you won,t be allowed to claim Depn. I ll even let you know the Case once I recollect.