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Pgbp

Direct Taxation

In sec 32 The assesse can get deduction under 32 depreciation, additional depreciation @35 and 32 AD in three simultaneously


Kanaga Mani

Kanaga Mani

CA Inter

★ 3K+

26-Jun-21 19:30

659

Answers (3)

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Thread Starter

Kanaga Mani

Not reducing from wdv means

Generally depreciation is reduced from WDV of block. But 32AD is a deduction and it is not reduced.


Yoga Vishnu

Yoga Vishnu

CA Final

★ 11K+

26-Jun-21 21:42

Yes. Assessee can claim depreciation, additional depreciation and 32AD. But 32AD deduction is not reduced from WDV.


Yoga Vishnu

Yoga Vishnu

CA Final

★ 11K+

26-Jun-21 20:08

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