Sudarshan enterprise started a manufacturing unit in the notified backward area of Andhra Pradesh. It purchased a new plant on 15.10.2019 for ₹ 60,00,000 the additional depreciation for the P.Y. 2019-20 and P.Y. 2020-21 will respectively be:
A. 10,50,000 & 8,66,250
B. 21,00,000 & Nil
C. 10,50,000 & Nil
D. 10,50,000 & 10,50,000
Answer:D
Sudarshan enterprise started a manufacturing unit in the notified backward area of Andhra Pradesh. It purchased a new plant on 15.10.2019 for ₹ 60,00,000 the additional depreciation for the P.Y. 2019-20 and P.Y. 2020-21 will respectively be:
A. 10,50,000 & 8,66,250 B. 21,00,000 & Nil C. 10,50,000 & Nil D. 10,50,000 & 10,50,000