https://www.taxtmi.com/caselaws?id=397500 The High Court of Madras, with Honourable Mr. Justice T.S. Sivagnanam and Honourable Mrs. Justice V. Bhavani Subbaroyan, allowed the appeal in a case involving the rejection of a claim for deduction under Section 80 IA of the Income Tax Act on wind energy profits. The Court ruled in favor of the assessee, setting aside the impugned order and declaring the previous decision in the case of Goldmine Shares and Finance Pvt. Ltd. as no longer valid law. The appeal was allowed without the need for remand, allowing the Assessing Officer to proceed in accordance with the Court's decision for the assessment year of 2006. en-us Thu, 09 Jul 2020 00:00:00 +0530 Wed, 19 Aug 2020 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397500 The High Court of Madras, with Honourable Mr. Justice T.S. Sivagnanam and Honourable Mrs. Justice V. Bhavani Subbaroyan, allowed the appeal in a case involving the rejection of a claim for deduction under Section 80 IA of the Income Tax Act on wind energy profits. The Court ruled in favor of the assessee, setting aside the impugned order and declaring the previous decision in the case of Goldmine Shares and Finance Pvt. Ltd. as no longer valid law. The appeal was allowed without the need for remand, allowing the Assessing Officer to proceed in accordance with the Court's decision for the assessment year of 2006. Case-Laws Income Tax Thu, 09 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397500