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most urgent......accelerated depreciation

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 April 2015 IF ONE PARTNERSHIP WANTS TO SET UP SOLAR POWER GENERATION THEN CAN GET DEPRECIATION 80%
WHAT ARE THE PROCEDURE FOR THIS
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
11 April 2015 Yes the same is available to a partnership firm also. The rate of depreciation specified is 80% so you can claim the same in the return subject to being used for more than 180 days.

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