Depreciation on renewable energy devices.

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Full Text of the Document

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....on Renewal Energy Devices 100 percent depreciation is admissible on wind mills and any specifically designed devices which run on wind mills and also on any special devices including electric generators and pumps running on wind energy. 2. It has been brought to the notice of the Board that there may be misuse of this concession by certain unscrupulous tax-payers. Two types of misuse are suspec....