Additional depreciation

This query is : Resolved 

17 August 2012 As per section 32, renewable solar energy devices are eligible for depreciation @ 80% and an additional depreciation @ 20% as per the recent ammendment. so will the asset depreciate by 100% in the 1st year?

17 August 2012 Yes..
In that case, 100% depreciation will be allowed in that year

21 September 2012 Yes 100% provided asset put to use more than 180 days




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