https://www.taxtmi.com/caselaws?id=376343 The court admitted the appeal based on proposed questions "A", "C", and "D" as substantial questions of law were framed, despite opposition to question "B" by the respondent. The court found the controversy necessitated further consideration. Issues included the allowance of interest expenses on Deep Discount Bonds, deduction under section 80IA for a wind farm division's captive power plant, carry forward of unabsorbed depreciation from demerged entities, and claim of depreciation on intangible assets. The court's analysis delved into specific provisions of the Income Tax Act and relevant precedents to address the disputes effectively. en-us Mon, 25 Feb 2019 00:00:00 +0530 Thu, 07 Mar 2019 07:47:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376343 The court admitted the appeal based on proposed questions "A", "C", and "D" as substantial questions of law were framed, despite opposition to question "B" by the respondent. The court found the controversy necessitated further consideration. Issues included the allowance of interest expenses on Deep Discount Bonds, deduction under section 80IA for a wind farm division's captive power plant, carry forward of unabsorbed depreciation from demerged entities, and claim of depreciation on intangible assets. The court's analysis delved into specific provisions of the Income Tax Act and relevant precedents to address the disputes effectively. Case-Laws Income Tax Mon, 25 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376343