Chartered Accountants, practicing CA’s, students and related industry professionals may connect with users of similar interests. To raise and discuss issues related to finance and taxation. The objective of this group is to address concerns and bring out feasible solutions for making a strong communication network for all related audience.

Is additional dep is allowed only once ?

1 reply, 2 voices Last updated by  Yuvika Deshmukh 6 days, 23 hours ago
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #5345

    pallavi kapoor
    Participant
    @pallavikap99

    Is additional dep is allowed only once ?

    #5361

    Yuvika Deshmukh
    Participant
    @yuvika@123

    Additional depreciation is an incentive provided by govt for investment in new eligible plant and machinery.It is allowed once and not from year to year

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.