Additinal Depreciation to Power Projects
This query is : Resolved
CA.Santosh
(Querist)
19 June 2009
Is additional depreciation is applicable to power projects ( e.g.wind based power projects) ?.
My opinion is that additional depreciation is not applicable to power projects . could you send me your opinions .
I want the source proof of this contention.
My opinion is that additional depreciation is not applicable to power projects . could you send me your opinions .
I want the source proof of this contention.
CA.SHAHZAD SAYYED
(Expert)
19 June 2009
Enhanced or Additional Depreciation is allowed only in case of MANUFACTURING UNIT for new Plant & Mach. , Equipment etc.
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