21 Districts of Bihar Entitled For 35% Additional Depreciation & 15% Investment Allowance from 1st April 15

From the assessment year 2016-17, where an assessee sets up and undertaking or enterprise for manufacture or production of any articles or things or acquires and installs any plant & machineries (installed on or after 01-4-2015) will be entitled to have 35% additional depreciation and 15% as investment allowance in the year of installation. These provisions will be in operation from 01-04-2015 to 31-03-2020. Machines for this purpose will not include machines installed outside India, installed in office premises or any residential accommodation, any office appliances, any vehicle etc. Please note that these deductions are to be done from income of the enterprise.
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List of Districts are as follows:
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1. Patna
2. Nalanda
3. Bhojpur
4. Rohtas
5. Kaimur
6. Gaya
7. Jebanabad
8. Aurangabad
9. Nawada
10. Vaishali
11. Sheohar
12. Samastipur
13. Darbhanga
14. Madhubani
15. Purnea
16. Katihar
17. Araria
18. Jamui
19. Lakhisarai
20. Supaul
21. Muzaffarpur.
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Attached : Copy of Notifiaction