https://www.taxtmi.com/caselaws?id=151553 The Appellate Tribunal ITAT BANGALORE set aside the Commissioner's decision and upheld the Assessing Officer's disallowance of depreciation on a windmill system for the assessment year 2006-07. The Tribunal emphasized that depreciation could only be allowed upon actual commencement of business and actual use of the windmill system, which were not proven in this case. The Tribunal rejected the "passive use" argument and ruled in favor of the Revenue, concluding that the windmill was not operational and depreciation was not warranted. en-us Mon, 29 Mar 2010 00:00:00 +0530 Fri, 07 Jun 2013 14:13:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151553 The Appellate Tribunal ITAT BANGALORE set aside the Commissioner's decision and upheld the Assessing Officer's disallowance of depreciation on a windmill system for the assessment year 2006-07. The Tribunal emphasized that depreciation could only be allowed upon actual commencement of business and actual use of the windmill system, which were not proven in this case. The Tribunal rejected the "passive use" argument and ruled in favor of the Revenue, concluding that the windmill was not operational and depreciation was not warranted. Case-Laws Income Tax Mon, 29 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151553