Additional depreciation
This query is : Resolved
17 August 2012
As per section 32, renewable solar energy devices are eligible for depreciation @ 80% and an additional depreciation @ 20% as per the recent ammendment. so will the asset depreciate by 100% in the 1st year?
17 August 2012
Yes..
In that case, 100% depreciation will be allowed in that year
In that case, 100% depreciation will be allowed in that year
21 September 2012
Yes 100% provided asset put to use more than 180 days
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