Additional Depreciation - Section 32(1)(iia)

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..... he case of any new machinery or plant other than ships and aircraft @ 20% of actual cost. Provided that no deduction shall be allowed in respect of- * any second hand machinery or plant whether Indian or imported or * any machinery or plant installed in any office premises or any residential accommodation or guest house or * any other appliances or ships, aircraft & transport vehicles or .....

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..... only if assessee follow WDV method. it is not allowed to power generating units if they follow SLM method. Additional depreciation at the rate of 35% in Andhra Pradesh, Bihar, Telangana or West Bengal * Investment in new plant and machinery in notified backward area in Andhra Pradesh, Bihar, Telangana or West Bengal will be qualified for additional depreciation at the rate of 35% (instead of 2 .....

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