Tag Archives: Section 32(1)(iia)

Printing business eligible for Additional Depreciation

Additional Depreciation u/s 32(1)(iia) of the Income Tax Act 1961 CIRCULAR NO.15/2015 [F.NO.279/MISC/140/2015/ITJ], DATED 19-5-2016 An assessee, engaged in the business of manufacture or production of an article or thing, is eligible to claim additional depreciation under clause (iia) of sub-section (1) of section 32 of the Income-tax Act, 1961 (hereinafter referred to as the… Read More »