This ruling explains the qualifying capital expenditure incurred by a person in the provision of plant and machinery for business purposes.
Here are the summary of ACA with eligibility period:-
No.
|
P.U.(A)/
Year
|
Income Tax Rules
(Accelerated Capital Allowance)
|
Rate
(%)
|
Applicable From
|
1
|
505/2000
|
Recycling of Wastes
|
IA :40
AA :20
|
YA 2001
|
2
|
506/2000
|
Reinvestment
In A Qualifying Project
|
IA :40
AA :20
|
YA 2001
|
3
|
349/2003
|
Conservation of Energy
[revoked
effective from 1.10.2005 as provided under P.U.(A)64/2006]
|
IA :40
AA :60
|
YA 2003
|
4
|
87/2005
|
Power Quality Equipment
|
IA :20
AA :40
|
YA 2005
|
5
|
188/2005
|
Machinery
and Equipment for Agriculture Sector
|
IA :20
AA : 40
|
YA 2005
|
6
|
249/2008
|
Moulds
for The Production of Industrialised Building System Components
|
IA :40
AA :20
|
YA 2006
|
7
|
356/2008
|
Bus
|
IA :20
AA :80
|
For YA
2009 -
2011
|
8
|
357/2008
|
Plant and Machinery
|
IA :20
AA :80
|
YA
2009 -
2010
|
9
|
358/2008
|
Information and Communication
Technology Equipment
|
IA :20
AA :80
|
YA
2009 -
2013
|
10
|
359/2008
|
Security
Control Equipment and Monitor Equipment
|
IA :20
AA :80
|
YA
2009 –
2012
|
11
|
111/2009
|
Plant and
Machinery
|
IA :20
AA :40
|
10.3.2009
– 31.12.2010
|
12
|
4/2013
|
Security
Control Equipment and Monitor Equipment
|
IA :20
AA :80
|
YA
2013 – 2015
|
Source : IRBM website
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