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depreciation, Income Tax

Issue Id: - 3553
Dated: 11-11-2011
By:- chintalacheruvu prasad

depreciation


  • Contents

without offering income can deprecaition allowable on wind mill or not

Posts / Replies

Showing Replies 1 to 2 of 2 Records

Page: 1


1 Dated: 13-11-2011
By:- CA Rachit Agarwal

It appears that your are claiming exmeption of income from wind mill u/s 80IA. Exemtion has been give for the income which is arived after deduction of expenditure and expenditure includes depreciations.

Hence seperate allowance would not be allowed.


2 Dated: 15-11-2011
By:- tarsem gupta

No.


Page: 1

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