Provisions relating to the extra allowance of depreciation in respect of concerns which work double shift or triple shift are often being misapplied.

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..... isions relating to the extra allowance of depreciation in respect of concerns which work double shift or triple shift are often being misapplied. For avoiding errors in this respect, the relevant provisions are being restated and clarified below:- (1) The allowance is in addition to the normal allowance of depreciation. (2) It can be allowed only when the assessee has claimed and proved to the .....

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..... of double shift work depreciation. X ------------------------------ the normal number of working days in the 'previous year'. (a) Specified normal rate of the days of triple shift work depreciation X ------------------------------ the normal number of working days in the 'previous year'. (b) The "normal" number of working days in a 'previous year' for the purpose of determining th .....

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..... ng seasons of the previous year. From the assessment year 1970-71 onwards, normal depreciation on machinery and plant would be allowed only if the concern had worked for a minimum of 180 days during the previous year. The stipulation was introduced by the I.T. (Sixth Amendment Rules, 1969.) (iii) For calculating the extra allowance of depreciation for double/triple shift work, in seasonal factor .....

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