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CORPORATE TAXATION - Incentives for the State of Andhra Pradesh and the State of Telangana - BUDGET 2015

Tax in General + Budget + Finance Acts - By: - CS Swati Dodhi - Dated:- 2-3-2015 Last Replied Date:- 30-12-1899 - CORPORATE TAXATION - Incentives for the State of Andhra Pradesh and the State of Telangana 1. Additional Investment Allowance It is prop .....

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duction of any article or thing on or after 1st April, 2015 in any notified backward areas in the State of Andhra Pradesh and the State of Telangana; and the new assets are acquired and installed for the purposes of the said undertaking or enterprise .....

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ard areas in the States of Andhra Pradesh or Telangana by a company, it shall be eligible to claim deduction under the existing provisions of section 32AC of the Act as well as under the proposed section 32AD if it fulfills the conditions (such as in .....

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iction shall not apply to the amalgamating or demerged company or the predecessor in a case of amalgamation or demerger or business re-organisation but shall continue to apply to the amalgamated company or resulting company or successor, as the case .....

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talled by a manufacturing undertaking or enterprise which is set up in the notified backward area of the State of Andhra Pradesh or the State of Telangana on or after the April 1, 2015. This higher additional depreciation shall be available in respec .....

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