https://www.taxtmi.com/article/detailed?id=1688 The 30 March 2012 amendment inserts an installation cut-off into clauses (l) and (m) of the Appendix, withdrawing the higher rate of depreciation for wind mills and devices running on wind energy installed on or after 1 April 2012; clause (r) (machinery used in manufacture of the listed items) is not amended and remains eligible. The amendment is unexplained, raises concerns of unfair discrimination against wind projects with long gestation, and the author seeks reconsideration and transitional protection for projects under implementation. en-us Mon, 02 Apr 2012 18:46:06 +0530 Mon, 02 Apr 2012 18:46:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1688 The 30 March 2012 amendment inserts an installation cut-off into clauses (l) and (m) of the Appendix, withdrawing the higher rate of depreciation for wind mills and devices running on wind energy installed on or after 1 April 2012; clause (r) (machinery used in manufacture of the listed items) is not amended and remains eligible. The amendment is unexplained, raises concerns of unfair discrimination against wind projects with long gestation, and the author seeks reconsideration and transitional protection for projects under implementation. Articles Income Tax Mon, 02 Apr 2012 18:46:06 +0530 https://www.taxtmi.com/article/detailed?id=1688