https://www.taxtmi.com/caselaws?id=204738 The High Court of Madras addressed the issue of depreciation of windmills purchased in the same year prior to the date of search in the context of block assessment years from 1986-1987 to 1996-1997. The Court focused on whether the depreciation should be granted in regular assessment or block assessment. The Court dismissed the Tax Case Appeal, as the issue of depreciation under regular assessment year was not considered a question of law, based on the acceptance of the commissioning date by the Tribunal and the Court, following a precedent set in a prior case. en-us Mon, 18 Jul 2011 00:00:00 +0530 Mon, 03 Oct 2016 13:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204738 The High Court of Madras addressed the issue of depreciation of windmills purchased in the same year prior to the date of search in the context of block assessment years from 1986-1987 to 1996-1997. The Court focused on whether the depreciation should be granted in regular assessment or block assessment. The Court dismissed the Tax Case Appeal, as the issue of depreciation under regular assessment year was not considered a question of law, based on the acceptance of the commissioning date by the Tribunal and the Court, following a precedent set in a prior case. Case-Laws Income Tax Mon, 18 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204738