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Depriciation on Solar Panel on Factory Shed

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(Querist)
15 April 2023 Respected Experts

Kindly let me know what is the depreciation rate of Solar Panel on Factory Shed as per Company act & Income Tax Act
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
15 April 2023 Under companies Act it's 5% straight line and under income tax Act it's 40% WDV.

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