https://www.taxtmi.com/caselaws?id=188375 The Tribunal ruled in favor of the assessee, overturning the disallowance of depreciation on windmills. The decision emphasized the integral nature of civil work and commissioning expenses to the operational functioning of wind turbines, qualifying them for the same depreciation rate as wind turbines. The judgment underscored the significance of applying the functional test to assess depreciation eligibility for expenses related to power generation activities. en-us Mon, 30 Nov 2015 00:00:00 +0530 Tue, 29 Nov 2016 10:12:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188375 The Tribunal ruled in favor of the assessee, overturning the disallowance of depreciation on windmills. The decision emphasized the integral nature of civil work and commissioning expenses to the operational functioning of wind turbines, qualifying them for the same depreciation rate as wind turbines. The judgment underscored the significance of applying the functional test to assess depreciation eligibility for expenses related to power generation activities. Case-Laws Income Tax Mon, 30 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188375