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Tax and Depreciation benefits for Investment in Solar Energy


Prabeer (B. COM (H) CA & CS Final)     09 February 2011

Prabeer
B. COM (H) CA & CS Final 
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What are the Income Tax and Depreciation  benefits a company can get by Investing in Solar Energy Projects..??

AND

What are the benefits available to the company purchasing or spending for utilizing solar energy...??

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CA PARAS BAFNA (Practising CA )     09 February 2011

CA PARAS BAFNA
Practising CA  
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By putting in use the renewed energy devices the company can get enhanced depreciation @ 80%.

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Prabeer (B. COM (H) CA & CS Final)     15 February 2011

Prabeer
B. COM (H) CA & CS Final 
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Sir,

Please provide me the source data..!

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CA PARAS BAFNA (Practising CA )     15 February 2011

CA PARAS BAFNA
Practising CA  
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You can refer Table of Rate of Depreciation Rates, 

APPENDIX  I

(WHICH HAS BEEN PRESCRIBED UNDER RULE 5 , OF THE INCOME TAX RULES, 1962

  This is generally given in any Ready Reckoner of Income Tax.

 

 


 

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devendra pali (service)     07 July 2011

devendra pali
service 
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Is the Solar Energy Producer required to pay Minimum Alternate Tax?

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CA Ashwani Kumar Gupta (Partner)     14 December 2012

CA Ashwani Kumar Gupta
Partner 
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Is the additional 20% depreciation on new plant and machinery available for solar project?


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