https://www.taxtmi.com/caselaws?id=340834 The High Court upheld the ITAT's decision to set aside the CIT's order regarding additional depreciation on windmills, as it had been previously decided in favor of the assessee. The Assessing Officer's allowance of additional depreciation and write-off of obsolete spares was deemed justified and not prejudicial to revenue, as the issues were adequately considered during assessment. Consequently, the High Court dismissed the appeal, finding no substantial question of law to arise from the case. en-us Wed, 15 Mar 2017 00:00:00 +0530 Tue, 28 Mar 2017 06:48:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340834 The High Court upheld the ITAT's decision to set aside the CIT's order regarding additional depreciation on windmills, as it had been previously decided in favor of the assessee. The Assessing Officer's allowance of additional depreciation and write-off of obsolete spares was deemed justified and not prejudicial to revenue, as the issues were adequately considered during assessment. Consequently, the High Court dismissed the appeal, finding no substantial question of law to arise from the case. Case-Laws Income Tax Wed, 15 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340834