https://www.taxtmi.com/caselaws?id=198573 The tribunal partially allowed the appeal by directing the AO to reevaluate the share capital addition based on the evidence provided and to grant full-year depreciation for the windmills. The disallowance of purchases was limited to 2% to address potential revenue leakage. The tribunal emphasized the insufficiency of relying solely on statements recorded under section 133A for making additions, citing judicial precedents to support its decision. en-us Wed, 22 Jun 2016 00:00:00 +0530 Mon, 05 Feb 2018 07:04:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198573 The tribunal partially allowed the appeal by directing the AO to reevaluate the share capital addition based on the evidence provided and to grant full-year depreciation for the windmills. The disallowance of purchases was limited to 2% to address potential revenue leakage. The tribunal emphasized the insufficiency of relying solely on statements recorded under section 133A for making additions, citing judicial precedents to support its decision. Case-Laws Income Tax Wed, 22 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198573