Renewable energy - 80% tax depreciation under income tax 1961

uwehosting (Querist) 12 January 2012 This query is : Resolved
I want to buy Solar Home Lighting system, at present purchase some small solar light.

I live in village and purchase from a company.

I know from internet, that govt. Depreciation @ 80% under Income Tax Act 1961 on Renewable Energy Devices.

I want to know how can i get depreciation under Appendix II, Part-A, Clause XIII under the head of "Renewable Energy Devices is entitle for Depreciation @ 80% under Income Tax Act 1961."

Follow Query

Report Abuse

Raj Kumar Makkad (Expert) 12 January 2012
If you live in village and purchase through department of rural development then this rebate shall be available to you.

Deepak Nair (Expert) 13 January 2012
A CA can answer this query better.

DEFENSE ADVOCATE.-firmaction@g (Expert) 13 January 2012
If you have taxable income claim in ITR.

soumitra basu (Expert) 17 January 2012
You are entitle to claim depreciation provided this solar energy has been used for the purpose of your business and you are filing return of income.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries