PURCHASE SOLAR PLANT FOR SHOP CAN WE CALIM DEPRICIATION

This query is : Resolved 

01 July 2024 PURCHASE SOLAR PLANT FOR SHOP CAN WE CALIM DEPRICIATION

AND WHAT IS THE RATE OF DEPRICIATION

THANKS IN ADVANCE

02 July 2024 Yes depreciation can be claimed.
The depreciation rate for solar panels is set at 40% using the Written Down Value (WDV) method.



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