https://www.taxtmi.com/caselaws?id=63322 The Tribunal allowed the appeal, holding that the deduction under section 80-IA should not be reduced by the expenditure incurred for power generation as the main activity of the assessee was consultancy in wind energy. The Tribunal emphasized that no additional expenditure was incurred for power generation as windmills operated on natural wind resources. It was deemed artificial to allocate expenditure to power generation to reduce the deduction. The authorities were found unjustified in reducing profits from power generation by the incurred expenditure. en-us Fri, 06 Jul 2007 00:00:00 +0530 Sat, 29 Jan 2011 13:18:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63322 The Tribunal allowed the appeal, holding that the deduction under section 80-IA should not be reduced by the expenditure incurred for power generation as the main activity of the assessee was consultancy in wind energy. The Tribunal emphasized that no additional expenditure was incurred for power generation as windmills operated on natural wind resources. It was deemed artificial to allocate expenditure to power generation to reduce the deduction. The authorities were found unjustified in reducing profits from power generation by the incurred expenditure. Case-Laws Income Tax Fri, 06 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63322