please guide me ....accelerated depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 April 2015
A PARTNERSHIP FIRM WANTS TO SET UP SOLAR POWER GENERATION PLANT CAN IT GET 80% DEPRECIATION
IF NOT THEN PARTNERSHIP FIRM WILL CONVERT INTO COMPANY THEN CAN HE AVAIL THIS BENEFIT
WHAT IS CONDITION FOR AVAILING THIS EXEMPTION
PLEASE LET ME KNOW...
IF NOT THEN PARTNERSHIP FIRM WILL CONVERT INTO COMPANY THEN CAN HE AVAIL THIS BENEFIT
WHAT IS CONDITION FOR AVAILING THIS EXEMPTION
PLEASE LET ME KNOW...
11 April 2015
If the partnership firm is a business entity it can claim 80% depreciation on solar power plant.
An individual having huge business profits can enter into the business of solar power generation for the benefit of claiming accelerated depreciation so that his or her tax liability can be minimized.
An individual having huge business profits can enter into the business of solar power generation for the benefit of claiming accelerated depreciation so that his or her tax liability can be minimized.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Building and other construction workers welfare cess act 1996
- Eway bill for machinery reparing
- Bank Accounts in Balance Sheet for ITR 3
- Gift of mutual fund units to daughter
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Form 10BD Filling
- Pan Card apply for Self help group
- Reporting of STCG on Property in ITR
- Error while filling exam form November 2026
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
