80% Depreciation on Windmills & Devices Based on Wind Energy Installed After 01/04/2014


CBDT has notified that the assessee who installed before 1st April 2004  any windmills and devices running on wind energy can claim depreciation @ 80 % of the value of asset vide the Notification  NO. 43/2014 [F.NO.152/1/2013-TPL]/SO 2399(E), DATED 16-9-2014 . Readers should see the (l) and (m) entry  in the depreciation chart , which…

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