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Depreciation on generator

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(Querist)
19 June 2014 Is generator a renewable energy device and deprecaition can be claimed at 80% under income tax act?
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Nikhil Kaushik online

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Nikhil Kaushik online (Expert)
19 June 2014 no ma'am it is not......
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
19 June 2014 It is not renewable energy device.



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Rupesh Jain

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Rupesh Jain (Expert)
19 June 2014 You can claim depreciation under plant & machinery head.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
24 June 2014 the ans is no...............................
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Guest

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Guest (Expert)
27 June 2014 15 percent rate is applicable

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