Depreciation
This query is : Resolved
Nirmal Jhanwar
(Querist)
26 June 2010
please tell me that can we claim on windmill depreciation as per income tax if windmill is ready as on 31.03.2010 and generate 182 units on same day. we have already commissioning certificate from Electricity board.
Please give referance of high court and supreme court decesion.
please tell me that can we claim on windmill depreciation as per income tax if windmill is ready as on 31.03.2010 and generate 182 units on same day. we have already commissioning certificate from Electricity board.
Please give referance of high court and supreme court decesion.
Aditya Maheshwari
(Expert)
26 June 2010
If u have proof that the same was put to use at the year end you can claim depreciation.
Message likes :
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CA Sanat Pyne
(Expert)
26 June 2010
AGREE WITH EXPERT Aditya Maheshwari
Aditya Maheshwari
(Expert)
26 June 2010
Thank you for your acceptance.
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