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Depreciation of Solar power

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18 June 2020 Hello,

Please guide me what will be depreciation rate for Solar panel as per companies Act. What useful life will be considered?

18 June 2020 6.33% straight line rate. 15 years life.

26 June 2020 Sir ..do you mean in this category-" Plant and Machinery other than continuous process plant not

covered under specific industries "






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