Taxing authorities allow the fully installed cost of an asset to be written off for tax purposes. This amount is called the asset's

Option Third is right answer <<<<<<<<

you can depreciate capital expenses ... therefore the3rd answer is the correct one

depreciable basis 

To compensate against used of assets

>>>>>>>>>> depreciable basis.

My answer is choice (C) depreciable basis

b-          

initial cash outlay

Initial outlay of the project cost. Then it will calculate as per prescribe tax of the Income Tax Act.

I agree with experts

Thank you