https://www.taxtmi.com/caselaws?id=353664 The tribunal ruled in favor of the assessee, allowing the appeal and dismissing the department's appeal regarding the disallowance of depreciation on windmills. The decision was based on evidence showing that the windmill in question was indeed put to use for business purposes, as confirmed by documents from the AEN indicating electricity generation. Consequently, the tribunal found no substantial question of law and upheld the allowance of depreciation on the windmill, emphasizing the interpretation of "put to use" for claiming depreciation. en-us Wed, 06 Dec 2017 00:00:00 +0530 Tue, 09 Jan 2018 08:20:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353664 The tribunal ruled in favor of the assessee, allowing the appeal and dismissing the department's appeal regarding the disallowance of depreciation on windmills. The decision was based on evidence showing that the windmill in question was indeed put to use for business purposes, as confirmed by documents from the AEN indicating electricity generation. Consequently, the tribunal found no substantial question of law and upheld the allowance of depreciation on the windmill, emphasizing the interpretation of "put to use" for claiming depreciation. Case-Laws Income Tax Wed, 06 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353664