wind mill depreciation rate
15% or 40% which is correct?
4 Replies
RAJAT SHARMA
(AUDIT ASSISTANT)
(179 Points)
Replied 16 June 2020
Windmills and any specially designed device which run on windmills installed on or after 1/04/2014 would be eligible for depreciation @ 40%.
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 24 July 2020
Windmills and any specially designed device which run on windmills installed on or after 1/04/2014 would be eligible for depreciation @ 40%.
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