Court Rules Additional 10% Depreciation u/s 32 Can Be Claimed in Following Year for Full 20% Benefit.

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....Additional Depreciation u/s 32 - claim of 10% (50% of 20%) in the first year and balance 10% in the second year - the balance 10% additional deduction can be availed in the subsequent assessment year, otherwise the very purpose of insertion of Clause (iia) would be defeated because it provides for 20% deduction which shall be allowed. - HC....