banner_ad

Incometax treatment

Tax queries 162 views 2 replies

I HAVE INSTALLED SOLAR PANNELS AT MY OFFICE (OFFICE USED FOR DOIN REGULAR BUSINESS RELATED TO MY PRINCIPAL BUSINESS) WHICH IS PLACE DIFFERENT FROM MY FATORY ADDRESS 

HOW THIS INSTALLATION SHOULD BE TREATED AND WHAT RATE OF DEPRECIATION SHOULD BE CHARGED ON IT ??

Replies (2)
it wud be considered as plant and machinery and depreciation can be claimed @ 15%
if we treat it as Plant and Machinery the prescribed rate is 80% for solar pannels/equipments
then how we can charge 15% dep...
plz quote the section nunber also sir.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details