Claim of depreciation on installation of windmill – if the ...

Taxpayer Can Opt for Windmill Depreciation by Rule 5(1A) During Tax Return Filing, No Extra Notification Needed.

December 5, 2014

Case Laws Income Tax HC

Claim of depreciation on installation of windmill – if the assessee exercised the option in terms of second proviso to Rule 5(1A) of the Income Tax Rules at the time of furnishing of return of income, it will suffice and no separate letter or request or intimation with regard to of exercise of option is required - HC

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Claim of depreciation on installation of windmill – if the ...

Taxpayer Can Opt for Windmill Depreciation by Rule 5(1A) During Tax Return Filing, No Extra Notification Needed.

December 5, 2014

Case Laws Income Tax HC

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