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depreciation for solar power system

chintan patel (1 Points)

07 July 2018

how to calculate depreciation for solar
power system.

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5 Replies

KOUSHAL JAIN (Chartered Accountant) (471 Points)
Replied 07 July 2018

As Per Income Tax 15% Depreciation Applicable

Anjali P Nair (ACA,ACMA) (582 Points)
Replied 07 July 2018

Depreciation rate is 40% for all renewable energy systems.

Attached File : 1658669 20180707120451 depreciation rates.pdf downloaded: 1378 times

TransEduCenter IB (2 Points)
Replied 17 January 2019

How to calculate depreciation on solar power plant for industrial rooftop? Is there on total project cost or only on solar panels?

hello nagpur (2 Points)
Replied 23 May 2019

Depreciation of 80 % was allowed on plant and machinery of the solar power plant. 80 % of Rs 500 lacs is Rs 400 lacs. This value can be expensed in the very first year itself, which entails the name Accelerated Depreciation, since a large value of assets is shown to have depreciated in the very beginning. solar rooftop system dealers in Nagpur will help to solve this problem.