https://www.taxtmi.com/caselaws?id=260291 The High Court upheld the decisions of the lower authorities in a case involving the assessment of depreciation on windmills purchased at allegedly inflated prices, excess lease rentals, disallowance of payments under the Income Tax Act, and collusion allegations. The court found no evidence of excessive payments by the assessee and dismissed claims of collusion, leading to the rejection of appeals. No substantial legal questions arose, and the assessments were upheld without interference. en-us Tue, 07 Apr 2015 00:00:00 +0530 Tue, 11 Aug 2015 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260291 The High Court upheld the decisions of the lower authorities in a case involving the assessment of depreciation on windmills purchased at allegedly inflated prices, excess lease rentals, disallowance of payments under the Income Tax Act, and collusion allegations. The court found no evidence of excessive payments by the assessee and dismissed claims of collusion, leading to the rejection of appeals. No substantial legal questions arose, and the assessments were upheld without interference. Case-Laws Income Tax Tue, 07 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260291