https://www.taxtmi.com/caselaws?id=369220 The High Court allowed the appellant's appeal against the Income Tax Appellate Tribunal's order, granting deduction under Section 80IA for a windmill unit. Relying on precedents, the court held that the assessee, whose sole income was from windmills, was eligible for the deduction even after setting off losses against other income. The court found in favor of the assessee, setting aside the Tribunal's order and answering substantial legal questions in favor of the appellant, leading to the allowance of the appeal with no costs. en-us Tue, 18 Sep 2018 00:00:00 +0530 Tue, 23 Oct 2018 06:52:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369220 The High Court allowed the appellant's appeal against the Income Tax Appellate Tribunal's order, granting deduction under Section 80IA for a windmill unit. Relying on precedents, the court held that the assessee, whose sole income was from windmills, was eligible for the deduction even after setting off losses against other income. The court found in favor of the assessee, setting aside the Tribunal's order and answering substantial legal questions in favor of the appellant, leading to the allowance of the appeal with no costs. Case-Laws Income Tax Tue, 18 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369220