Accelerated depreciation whether allowed under the income tax act
Prabhakar (practicing chartered accountant) (91 Points)
22 August 2014Prabhakar (practicing chartered accountant) (91 Points)
22 August 2014
Prabhakar
(practicing chartered accountant)
(91 Points)
Replied 23 August 2014
Smitanshu Karekar
(Chartered Accountant)
(26 Points)
Replied 30 August 2014
Yes it is available. Mr. Arun Jaitley had given a clarification on 18th July 2014 regarding restoration of accelerated depreciation for Wind Power Projects. We are awating the notification on the same.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India