https://www.taxtmi.com/caselaws?id=285903 The Tribunal upheld the Commissioner's decisions in dismissing the Revenue's appeals on both issues. It ruled that windmills were eligible for full depreciation despite commercial operation starting after a specific date, emphasizing the readiness for use before that date. Additionally, the Tribunal affirmed the inclusion of electrical installation and civil works costs in windmill depreciation, considering them essential components. The detailed analysis highlighted the legal criteria for depreciation eligibility and the significance of specialized components in windmills, leading to the dismissal of the Revenue's appeals. en-us Wed, 31 May 2017 00:00:00 +0530 Sun, 02 Feb 2020 08:59:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285903 The Tribunal upheld the Commissioner's decisions in dismissing the Revenue's appeals on both issues. It ruled that windmills were eligible for full depreciation despite commercial operation starting after a specific date, emphasizing the readiness for use before that date. Additionally, the Tribunal affirmed the inclusion of electrical installation and civil works costs in windmill depreciation, considering them essential components. The detailed analysis highlighted the legal criteria for depreciation eligibility and the significance of specialized components in windmills, leading to the dismissal of the Revenue's appeals. Case-Laws Income Tax Wed, 31 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285903