https://www.taxtmi.com/caselaws?id=208991 The court dismissed the appeals regarding depreciation on power plants, upholding the assessee's claim for depreciation based on the actual cost of acquisition. However, the appeal concerning interest earned on deposits and advances was allowed, ruling that such interest should be taxed as income from other sources and not adjusted against Incidental Expenses During Construction. en-us Fri, 25 Mar 2011 00:00:00 +0530 Tue, 07 Feb 2012 19:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208991 The court dismissed the appeals regarding depreciation on power plants, upholding the assessee's claim for depreciation based on the actual cost of acquisition. However, the appeal concerning interest earned on deposits and advances was allowed, ruling that such interest should be taxed as income from other sources and not adjusted against Incidental Expenses During Construction. Case-Laws Income Tax Fri, 25 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208991