How to claim accelerated depreciation benefits ?

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..... How to claim accelerated depreciation benefits ?
Query (Issue) Started By: - Anudeep mallesh Dated:- 17-2-2016 Accounting - Auditing
Companies Law
Hi I am trying to understand what acceler .....

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..... ated 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 benefits for this 80%, i.e we pay lesser tax. .....

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..... 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 would pay 1 crore lesser tax on my total incom .....

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..... e 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 ?
Discussion Forum - Knowledge Sharing .....

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