https://www.taxtmi.com/caselaws?id=328674 The High Court upheld the Income Tax Appellate Tribunal's decision, dismissing the revenue's appeal against the Commissioner of Income-Tax's order regarding deductions under Section 80-IA for income from a windmill business. The Court affirmed the application of the precedent set in the Velayudhaswamy Spinning Mills case, ruling in favor of the assessee and denying the revenue's challenge. The Tribunal's decision was deemed correct, and the Tax Case Appeal was dismissed without costs. en-us Wed, 01 Jun 2016 00:00:00 +0530 Fri, 10 Jun 2016 17:34:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328674 The High Court upheld the Income Tax Appellate Tribunal's decision, dismissing the revenue's appeal against the Commissioner of Income-Tax's order regarding deductions under Section 80-IA for income from a windmill business. The Court affirmed the application of the precedent set in the Velayudhaswamy Spinning Mills case, ruling in favor of the assessee and denying the revenue's challenge. The Tribunal's decision was deemed correct, and the Tax Case Appeal was dismissed without costs. Case-Laws Income Tax Wed, 01 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328674