Depreciation on generator
This query is : Resolved
19 June 2014
Is generator a renewable energy device and deprecaition can be claimed at 80% under income tax act?
19 June 2014
no ma'am it is not......
19 June 2014
It is not renewable energy device.
19 June 2014
You can claim depreciation under plant & machinery head.
24 June 2014
the ans is no...............................
Guest
Guest
(Expert)
27 June 2014
15 percent rate is applicable
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