https://www.taxtmi.com/forum/issue?id=111495 Whether depreciation can be claimed on a rooftop solar installation and whether payments for electricity supplied to the distribution company are taxable hinge on classification of the solar plant as a capital asset, its use (personal versus commercial), and the appropriate characterization of the receipts as business income or income from other sources, which will determine allowance of depreciation, deductible expenses, and reporting obligations. en-us Sun, 12 Feb 2017 20:41:47 +0530 Thu, 23 Jan 2025 15:56:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111495 Whether depreciation can be claimed on a rooftop solar installation and whether payments for electricity supplied to the distribution company are taxable hinge on classification of the solar plant as a capital asset, its use (personal versus commercial), and the appropriate characterization of the receipts as business income or income from other sources, which will determine allowance of depreciation, deductible expenses, and reporting obligations. Discussion-Forum Income Tax Sun, 12 Feb 2017 20:41:47 +0530 https://www.taxtmi.com/forum/issue?id=111495