Depriciation on Solar Panel on Factory Shed
This query is : Resolved
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
Kindly let me know what is the depreciation rate of Solar Panel on Factory Shed as per Company act & Income Tax Act
15 April 2023
Under companies Act it's 5% straight line and under income tax Act it's 40% WDV.
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