Additional Depreciation - Section 32(1)(iia)

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..... d in the 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 any machiner .....

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..... 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 20%). If however, the new P M i .....

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