https://www.taxtmi.com/circulars?id=10563 For companies engaged in generation or supply of electricity, depreciation for computing profits available for dividend under Section 205 must follow the rates and methodology notified under the Electricity Act and by CERC where inconsistent with Schedule XIV; adherence to the CERC framework constitutes sufficient compliance with Section 205 for entities covered by Section 616(c). en-us Tue, 31 May 2011 00:00:00 +0530 Wed, 15 Jun 2011 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10563 For companies engaged in generation or supply of electricity, depreciation for computing profits available for dividend under Section 205 must follow the rates and methodology notified under the Electricity Act and by CERC where inconsistent with Schedule XIV; adherence to the CERC framework constitutes sufficient compliance with Section 205 for entities covered by Section 616(c). Circulars Companies Law Tue, 31 May 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10563