Tax on solar power
Aditya Sharma (finance advisory) (377 Points)
29 June 2012Aditya Sharma (finance advisory) (377 Points)
29 June 2012
CA Gaurav Choradia
(Relationship Manager )
(418 Points)
Replied 29 June 2012
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i think power generation by solar system shall be covered under section 80IA...
Prateek Agarwal
(Sr. Executive - Finance & Accounts)
(1732 Points)
Replied 30 June 2012
Solar power generation is taxable subject to sec 80IA. MAT would be applicable also.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)