50% additional depreciation u/s 32(1)(iia) allowed in subsequent AY

Vibracoustic India Pvt. Ltd Vs ACIT (ITAT Delhi)

Held that assessee can claim remaining 50% depreciation in subsequent year in case where machinery and plant being acquired and put to use for less than 180 days in the previous year, the depreciation was restricted to 50%.

Facts-

Assessee is a company stated to be engaged in the business of manufacturing anti-vibration auto parts. Assessee electronically filed its ROI for A.Y. 2014-15 on

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