TaxTMI 
TaxTMI 
TaxTMI 
Provision - Accelerated depreciation
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....rovision - Accelerated depreciation<br> Query (Issue) Started By: - ASHISH TIWARI Dated:- 16-1-2010 Last Reply Date:- 17-1-2010 Income Tax<br>Got 1 Reply<br>Income Tax<br>Income Tax Act, 1961. provid....
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....es for the rate of depreciation i.e. 80% on Renewable Energy distribution devices.However the Central Electricity Regulatory Commission tariff determination guidilines provides for the different tarif....
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....f rates i.e. Rs. 18 -in case assessee avails normal depriciation & Rs. 17 in case assessee avails the accelerated depriciation benefits of Income Tax. My querries are 1) whether there is any other pro....
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....vision under the Income Tax Act which deals with accelerated depriciation? 2)In case the rate is 80% only than what is accelerated depriciation. Reply By DEV KUMAR KOTHARI: The Reply: 80% depreciatio....
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....n can be called as incentive rate or accellerated rate. This is applicable to all assessees who use prescribed assets for busienss. For power generating and/ or distribution companies there is also an....
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....other Appendix 1A to IT Rules. It is optional on such companies to adopt rates on WDV as per Appendix 1 or on SLM basis (on cost)as per Appendix 1A to IT Rules. Please refer again section 32 again and....
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.... Rules 5(1A) and Appendix IA. In case I am missing some aspects, please discuss the same in this forum.<br> Discussion Forum - Knowledge Sharing ....