https://www.taxtmi.com/caselaws?id=198715 The Tribunal dismissed the revenue's appeal regarding additional depreciation on the wind mill, upholding the allowance of additional depreciation under section 32(1)(iia) as the wind mill indirectly contributed to the manufacturing business. The Tribunal partially allowed the assessee's cross objection against disallowance under section 14A, reducing the disallowance amount due to the absence of interest-bearing borrowed funds for share investments and specific circumstances of the case. en-us Fri, 31 Aug 2012 00:00:00 +0530 Wed, 07 Feb 2018 18:00:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198715 The Tribunal dismissed the revenue's appeal regarding additional depreciation on the wind mill, upholding the allowance of additional depreciation under section 32(1)(iia) as the wind mill indirectly contributed to the manufacturing business. The Tribunal partially allowed the assessee's cross objection against disallowance under section 14A, reducing the disallowance amount due to the absence of interest-bearing borrowed funds for share investments and specific circumstances of the case. Case-Laws Income Tax Fri, 31 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198715