Wind mill depreciation rate

BASKAR D (24 Points)

16 June 2020

wind mill depreciation rate
15% or 40% which is correct?

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PADMAKAR (CA) (153 Points)
Replied 16 June 2020

The rate of depreciation for windmill is 15%

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RAJAT SHARMA (AUDIT ASSISTANT) (179 Points)
Replied 16 June 2020

Windmills and any specially designed device which run on windmills installed on or after 1/04/2014 would be eligible for depreciation @ 40%.

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Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 24 July 2020

Windmills and any specially designed device which run on windmills installed on or after 1/04/2014 would be eligible for depreciation @ 40%.

Shivam RC (Student) (23683 Points)
Replied 25 July 2020

The Depreciation Rate on Windmill is 40%.

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