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Solar rooftop

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(Querist)
09 September 2019 Dear Sir / Madam

Can we take Solar Rooftop in investment ?
Can we calculate depreciation on solar rooftop?
Tell me account entry.

Thank you
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Gokul Sharma

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Gokul Sharma (Expert)
09 September 2019 book as fixed asset and then take depreciation on it.
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Asha Kanta Sharmapro badge online

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Asha Kanta Sharmapro badge online (Expert)
04 June 2020 Yes. It needs to be taken as Fixed Asset as the benefits derived are for more than 12 months.
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