Disallowance of Additional Depreciation u/s 32(1)(iia) - 50 % (@ ...

Income Tax

April 25, 2019

Disallowance of Additional Depreciation u/s 32(1)(iia) - 50 % (@ 10%) disallowed being used less than 180 days - balance additional depreciation @ 10% on such new plant and machinery will be allowed in immediately succeeding year - insertion of third proviso to Section 32(1) by Finance Act, 2015 w.e.f. 01.04.2016 is clarificatory in nature

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Disallowance of Additional Depreciation u/s 32(1)(iia) - 50 % (@ ...

Income Tax

April 25, 2019

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