The additional depreciation on the factory building constructed during the P. Y. 2018- 19 and put to use for manufacturing of garments on 1st Feb 2019 having cost of ₹ 100 lakh shall be allowed in A.Y. 2020-21 at a rate of :
A. 5%
B. 10%
C. 15%
D. Nil
Answer:D
The additional depreciation on the factory building constructed during the P. Y. 2018- 19 and put to use for manufacturing of garments on 1st Feb 2019 having cost of ₹ 100 lakh shall be allowed in A.Y. 2020-21 at a rate of :
A. 5% B. 10% C. 15% D. Nil