https://www.taxtmi.com/caselaws?id=235526 The Tribunal allowed the appeal for statistical purposes, setting aside the CIT(A) order and directing a fresh adjudication based on previous Tribunal decisions. The issue of disallowance of deduction u/s 80IA for income from a wind mill and the adjustment of unabsorbed losses and depreciation against wind mill profits for AY 2007-08 were resolved in favor of the appellant, emphasizing that the losses were already adjusted against ineligible profits in previous years. The Tribunal's decision aligned with previous rulings and established legal precedents, ensuring fair treatment for the appellant in claiming deductions under section 80IA of the Income Tax Act. en-us Tue, 09 Jul 2013 00:00:00 +0530 Fri, 26 Jul 2013 13:23:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235526 The Tribunal allowed the appeal for statistical purposes, setting aside the CIT(A) order and directing a fresh adjudication based on previous Tribunal decisions. The issue of disallowance of deduction u/s 80IA for income from a wind mill and the adjustment of unabsorbed losses and depreciation against wind mill profits for AY 2007-08 were resolved in favor of the appellant, emphasizing that the losses were already adjusted against ineligible profits in previous years. The Tribunal's decision aligned with previous rulings and established legal precedents, ensuring fair treatment for the appellant in claiming deductions under section 80IA of the Income Tax Act. Case-Laws Income Tax Tue, 09 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235526