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of <h1>High Court Dismisses Appeal on Windmill Expenditure Inclusion for Depreciation</h1> <h3>The Commissioner of Income Tax III, Pune Versus Cooper Foundary Pvt. Ltd.</h3> The High Court of Bombay dismissed the appeal regarding the inclusion of expenditure on reinforced cement concrete foundation in the cost of a windmill ... - 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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