TMI BlogAdditional depreciation - Once it is not a new machinery or plant, allowance under Section 32(1)(iia)...Additional depreciation - Once it is not a new machinery or plant, allowance under Section 32(1)(iia) cannot be allowed - There is nothing in the statute which allows such claim of additional depreciation every year on machinery acquired in earlier year - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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