TMI BlogHow to claim accelerated depreciation benefits ?X X X X Extracts X X X X X X X X Extracts X X X X ..... Hi I am trying to understand what accelerated depreciation is for solar panels. Based on my understanding, there is 80% depreciation for the 1st year. Based on my understanding, we can avail tax bene ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fits for this 80%, i.e we pay lesser tax. For example, for a 1 MW plant the cost of it would be 6 crores. Now, due to accelerated depreciation, I can claim about 1 crore rupees tax benefit, i.e I woul ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d pay 1 crore lesser tax on my total income tax. But, what if I am a new company and I do not taxes amounting to crores every year ? How can I claim this 1 crore benefit ? - How to claim accelerated ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... depreciation benefits ? - Query Started By: - Anudeep mallesh Dated:- 17-2-2016 Accounting - Auditing - Companies Law - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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