Depreciation on generator

This query is : Resolved 

19 June 2014 Is generator a renewable energy device and deprecaition can be claimed at 80% under income tax act?

19 June 2014 no ma'am it is not......

19 June 2014 It is not renewable energy device.


19 June 2014 You can claim depreciation under plant & machinery head.

24 June 2014 the ans is no...............................

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27 June 2014 15 percent rate is applicable



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