Depreciation on renewable energy devices requires verification to prevent misuse; certification and selective surveys ordered 100 percent depreciation is allowable for windmills and specially designed wind-energy devices. The Board notes suspected misuse by collusive inflation of machinery prices and by claiming depreciation without physical installation. It directs that scrutiny must fully verify these aspects before allowing claims, requires administrative Ministry certification where appropriate, permits selective surveys to verify compliance, and instructs tax administration to coordinate and act to prevent misuse.
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Provisions expressly mentioned in the judgment/order text.
Depreciation on renewable energy devices requires verification to prevent misuse; certification and selective surveys ordered
100 percent depreciation is allowable for windmills and specially designed wind-energy devices. The Board notes suspected misuse by collusive inflation of machinery prices and by claiming depreciation without physical installation. It directs that scrutiny must fully verify these aspects before allowing claims, requires administrative Ministry certification where appropriate, permits selective surveys to verify compliance, and instructs tax administration to coordinate and act to prevent misuse.
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