https://www.taxtmi.com/caselaws?id=346553 The Court ruled in favor of the respondent-assessee, affirming their entitlement to additional depreciation on windmills installed after 31.03.2002, regardless of operational connectivity, under Section 32(1)(iia) of the Income Tax Act. The appeal challenging the Income Tax Appellate Tribunal's decision was dismissed, with no costs awarded, as the main issue of additional depreciation was resolved in favor of the respondent, making the questions regarding the Commissioner's jurisdiction under Section 263 moot. en-us Tue, 18 Jul 2017 00:00:00 +0530 Fri, 18 Aug 2017 08:41:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346553 The Court ruled in favor of the respondent-assessee, affirming their entitlement to additional depreciation on windmills installed after 31.03.2002, regardless of operational connectivity, under Section 32(1)(iia) of the Income Tax Act. The appeal challenging the Income Tax Appellate Tribunal's decision was dismissed, with no costs awarded, as the main issue of additional depreciation was resolved in favor of the respondent, making the questions regarding the Commissioner's jurisdiction under Section 263 moot. Case-Laws Income Tax Tue, 18 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346553