https://www.taxtmi.com/article/detailed?id=8709 Additional depreciation grants a one time extra deduction for new plant and machinery used in manufacture, production or power generation, allowed in the previous year of acquisition and installation; exclusions include ships and aircraft, previously used assets, installations in office or residential premises, office appliances and road transport vehicles, and assets whose entire cost is already deductible. Enhanced rates apply for specified backward areas and administrative guidance treats printing and transmission activities as eligible. en-us Fri, 06 Sep 2019 07:20:30 +0530 Fri, 06 Sep 2019 07:20:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8709 Additional depreciation grants a one time extra deduction for new plant and machinery used in manufacture, production or power generation, allowed in the previous year of acquisition and installation; exclusions include ships and aircraft, previously used assets, installations in office or residential premises, office appliances and road transport vehicles, and assets whose entire cost is already deductible. Enhanced rates apply for specified backward areas and administrative guidance treats printing and transmission activities as eligible. Articles Income Tax Fri, 06 Sep 2019 07:20:30 +0530 https://www.taxtmi.com/article/detailed?id=8709