High Court Dismisses Appeal on Windmill Expenditure Inclusion for Depreciation

The High Court of Bombay dismissed the appeal regarding the inclusion of expenditure on reinforced cement concrete foundation in the cost of a windmill for depreciation at 80%. The Tribunal found that the foundation was integral to the windmill, following a previous court decision. The appeal was dismissed with no costs.

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The High Court of Bombay dismissed the appeal regarding the inclusion of expenditure on reinforced cement concrete foundation in the cost of a windmill for depreciation at 80%. The Tribunal found that the foundation was integral to the windmill, following a previous court decision. The appeal was dismissed with no costs.

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