https://www.taxtmi.com/article/detailed?id=103 The Appendix lists "any special devices including electric generators and pumps running on wind energy" among energy-saving/renewable equipment eligible for higher depreciation, requiring that an item be machinery and plant, serve an energy-saving or renewable purpose and fall within the inclusive description of a special device. Rajasthan High Court held the "running on wind" condition attaches only to pumps, allowing conventional-fuel generators to qualify if they meet the descriptive criteria, whereas Gujarat High Court read the entry to restrict higher rates to non-conventional energy devices, excluding diesel generators. en-us Fri, 13 Jun 2008 00:00:00 +0530 Sat, 01 Jan 2011 13:57:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=103 The Appendix lists "any special devices including electric generators and pumps running on wind energy" among energy-saving/renewable equipment eligible for higher depreciation, requiring that an item be machinery and plant, serve an energy-saving or renewable purpose and fall within the inclusive description of a special device. Rajasthan High Court held the "running on wind" condition attaches only to pumps, allowing conventional-fuel generators to qualify if they meet the descriptive criteria, whereas Gujarat High Court read the entry to restrict higher rates to non-conventional energy devices, excluding diesel generators. Articles Income Tax Fri, 13 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=103