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rate of depreciation as per ine tax act on stone crusher

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It is running a stone crusher and it has claimed deduction u/s 80IB as well as additional depreciation on the ground that breaking of boulder into small pieces i.e. manufacturing activity. The Ld. CIT(A) has accepted this contention of the assessee and granted deduction u/s 80IB as well as additional depreciation.

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Bonus Depreciation can be combined with the Section 179 deduction for additional savings.Bonus depreciation enables you to take additional depreciation on new and used (new to you) capital equipment purchases. Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment purchased or financed during the tax year.

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2020-11-19  depreciation for mobile crusher plant. We are a professional mining machinery manufacturer, the main equipment including: jaw crusher, cone crusher and other sandstone equipment;Ball mill, flotation machine, concentrator and other beneficiation equipment; Powder Grinding Plant, rotary dryer, briquette machine, mining, metallurgy and other related equipment. which can

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