https://www.taxtmi.com/caselaws?id=363181 The Court upheld the decision of the Income Tax Appellate Tribunal, affirming the entitlement of the assessee to deduction under Section 80IA without setting off losses/unabsorbed depreciation related to the windmill division. Citing relevant case law and emphasizing the separate entity status of each windmill division, the Court maintained consistency with previous decisions favoring the assessee. The Tribunal's confirmation of the Commissioner of Income-Tax (Appeal) order was upheld, and the Tax Case Appeal was dismissed in favor of the assessee at the admission stage without costs. en-us Tue, 03 Jul 2018 00:00:00 +0530 Mon, 09 Jul 2018 08:26:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363181 The Court upheld the decision of the Income Tax Appellate Tribunal, affirming the entitlement of the assessee to deduction under Section 80IA without setting off losses/unabsorbed depreciation related to the windmill division. Citing relevant case law and emphasizing the separate entity status of each windmill division, the Court maintained consistency with previous decisions favoring the assessee. The Tribunal's confirmation of the Commissioner of Income-Tax (Appeal) order was upheld, and the Tax Case Appeal was dismissed in favor of the assessee at the admission stage without costs. Case-Laws Income Tax Tue, 03 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363181