https://www.taxtmi.com/caselaws?id=176864 Foundation, erection and commissioning costs directly connected with a windmill's installation were treated as integral to the windmill and qualified for depreciation at the higher rate, while civil work remained depreciable only at the lower rate applicable to civil construction. Section 80IA deduction was held to be undertaking-specific: each windmill unit had to be considered separately for computing eligible profit, and losses of one unit could not be set off against profits of another unit for that purpose. The unit-wise computation approach was upheld, and the contrary revenue position was rejected. en-us Wed, 30 Jan 2013 00:00:00 +0530 Thu, 08 Jun 2017 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176864 Foundation, erection and commissioning costs directly connected with a windmill's installation were treated as integral to the windmill and qualified for depreciation at the higher rate, while civil work remained depreciable only at the lower rate applicable to civil construction. Section 80IA deduction was held to be undertaking-specific: each windmill unit had to be considered separately for computing eligible profit, and losses of one unit could not be set off against profits of another unit for that purpose. The unit-wise computation approach was upheld, and the contrary revenue position was rejected. Case-Laws Income Tax Wed, 30 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176864