https://www.taxtmi.com/caselaws?id=189953 The Tribunal allowed the appeal, overturning the ld.CIT's order disallowing additional depreciation u/s 32(1)(ii)(a) on windmills. It held that the AO's decision to allow such depreciation was a possible view and not prejudicial to Revenue, citing legal precedents. The judgment clarified the distinction between depreciation u/s 32(1)(i) and 32(1)(ii) and emphasized adherence to rules and precedents in determining the eligibility for additional depreciation, ensuring equitable treatment for taxpayers. en-us Fri, 16 Dec 2011 00:00:00 +0530 Fri, 27 Jan 2017 17:11:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189953 The Tribunal allowed the appeal, overturning the ld.CIT's order disallowing additional depreciation u/s 32(1)(ii)(a) on windmills. It held that the AO's decision to allow such depreciation was a possible view and not prejudicial to Revenue, citing legal precedents. The judgment clarified the distinction between depreciation u/s 32(1)(i) and 32(1)(ii) and emphasized adherence to rules and precedents in determining the eligibility for additional depreciation, ensuring equitable treatment for taxpayers. Case-Laws Income Tax Fri, 16 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189953