Rate of depriciation for solar power plant.

Tax queries 1946 views 3 replies

Dear Experts,

 

           What will be the rate of Depriciation for Solar Power Plant installed in India as per Income Tax Act and Companies Act? 

 

             Kindly Guide me on Urgent Basis?

Replies (3)

As per IT act, I guess it is 80%.

Correct me team if I am wrong....

Regards

I think solar plants in India enjiy an accelerated depreciation of 80%.

yup u bot r rite. i also got the information. thanks both


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