Ekta (P) Ltd., engaged in manufacturing activity, acquired new plant and machinery for ₹ 100 lakh for its manufacturing unit located in notified backward area of Bihar. The acquisition and use was from 1 st June, 2019. The assessee is eligible for additional depreciation of –
A. ₹ 30 lakh
B. ₹ 20 lakh
C. ₹ 35 lakh
D. ₹ 10 lakh
Answer:C
Ekta (P) Ltd., engaged in manufacturing activity, acquired new plant and machinery for ₹ 100 lakh for its manufacturing unit located in notified backward area of Bihar. The acquisition and use was from 1 st June, 2019. The assessee is eligible for additional depreciation of –
A. ₹ 30 lakh B. ₹ 20 lakh C. ₹ 35 lakh D. ₹ 10 lakh