https://www.taxtmi.com/caselaws?id=396253 The Tribunal dismissed both appeals of the Revenue, upholding the depreciation claims of the appellants regarding the Solar Power Plant. The Tribunal considered the SPP as an integrated plant and found no reason to interfere with the CIT(A)'s decision, as the assets were eventually used for business purposes. The decision was rendered on 11th May 2020 in Open Court. en-us Mon, 11 May 2020 00:00:00 +0530 Sat, 27 Jun 2020 01:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396253 The Tribunal dismissed both appeals of the Revenue, upholding the depreciation claims of the appellants regarding the Solar Power Plant. The Tribunal considered the SPP as an integrated plant and found no reason to interfere with the CIT(A)'s decision, as the assets were eventually used for business purposes. The decision was rendered on 11th May 2020 in Open Court. Case-Laws Income Tax Mon, 11 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396253