Depreciation

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 July 2013 From 1st april 2012 the depreciation rate on windmill is reduced to 15%.
i want to know whether this rate is applicable to windmills purchased after 1/4/12 or on all windmills held by assesse (purchased before 1/4/12).

28 July 2013 Depreciation on Wind Mills purchased before 1.4.2012 will be 80%.
.
Depreciation on Wind Mills purchased on or after 1.4.2012 will be @ new rate.
.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Follow us


Answer Query