https://www.taxtmi.com/caselaws?id=186381 The Tribunal overturned the disallowance of depreciation claimed on a wind mill by the assessee engaged in exporting cotton fabrics. The Tribunal found that the wind mill was indeed connected to the power grid based on the commissioning certificate and initial reading, despite not being in commercial production. The assessee's compliance with TNEB requirements and production of power supported their claim for depreciation. Consequently, the appeal of the assessee was allowed, and the disallowance of depreciation on the wind mill was deleted. en-us Wed, 22 Jun 2011 00:00:00 +0530 Thu, 15 Sep 2016 18:18:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186381 The Tribunal overturned the disallowance of depreciation claimed on a wind mill by the assessee engaged in exporting cotton fabrics. The Tribunal found that the wind mill was indeed connected to the power grid based on the commissioning certificate and initial reading, despite not being in commercial production. The assessee's compliance with TNEB requirements and production of power supported their claim for depreciation. Consequently, the appeal of the assessee was allowed, and the disallowance of depreciation on the wind mill was deleted. Case-Laws Income Tax Wed, 22 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186381