PGBP sec 32AD & sec 32(1)(iia)

Section 32(iia) deals with additional depreciation with enhanced rate of 35% when unit is located in notified backward area.

Whereas section 32AD deals with investment linked deduction when investment is made in new plant and machinery above specified monetary limit.

You can claim deduction under both the section when you will satisfy the requirements stipulated under both the section.

The conditions under both the sections are same.
so when it will happen that the assessee get only deduction not additional depreciation or additional depreciation but not deduction ?

Neither section 32(iia) override section 32AD nor section 32AD override section 32(iia). Both sections are independent .

Neither section 32(iia) override section 32AD nor section 32AD override section 32(iia). Both sections are independent .

sir it means that a person that setup
new plant and machinery
for production purpose
in the notified backward areas
after 1 apr 2015 but before 31march 2020
can claim 65% of depreciation including additional depreciation & deduction


15% normal as per sec 32
35% additional depreciation as per proviso to sec 32(1)(iia) &
15% deduction as per sec 32AD

sir is this👆👆👆👆👆👆corret