Delay in commissioning of Wind Mill due to COVID-19

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....elay in commissioning of Wind Mill due to COVID-19<br> Query (Issue) Started By: - gvenugopal g Dated:- 23-6-2020 Last Reply Date:- 23-6-2020 Income Tax<br>Got 1 Reply<br>Income Tax<br>Dear Experts, ....

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....Good Morning!. Wind Mill installed in February-2020 and would have commissioned before 31-03-2020 so as to claim depreciation @40% for half year. But unfortunately the WTG Grid was commissioned on 08....

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.....06.2020, the reason for delay was due to COVID-19. As we all aware that CBDT already announced postponement of all statutory payments/events from 31.03.2020 to 30.06.2020. Kindly clarify whether th....

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....e above Fixed assets can be booked on 31.03.2020 and claim half year depreciation for FY 2019-20? Thanks & Regards: G.Venugopal Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: In my view it is doubt....

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....ful. However other views in this regard are expected.<br> Discussion Forum - Knowledge Sharing ....