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Tax Case: 50% Depreciation Disallowed u/s 32(1)(iia) for Assets Used Less Than 180 Days.
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....Disallowance of Additional Depreciation u/s 32(1)(iia) - 50 % (@ 10%) disallowed being used less than 180 days - balance additional depreciation @ 10% on such new plant and machinery will be allowed in immediately succeeding year - insertion of third proviso to Section 32(1) by Finance Act, 2015 w.e.f. 01.04.2016 is clarificatory in nature....