https://www.taxtmi.com/caselaws?id=301936 The ITAT Chennai upheld the decisions of the ld. CIT(A) regarding depreciation on transformer and additional depreciation on windmill for the assessment year 2006-07, dismissing the Revenue's appeal. The court cited the requirement of operational connectivity for additional depreciation under section 32(1)(iia) and referred to precedent set by the Hon'ble Madras High Court in allowing additional depreciation on the windmill cost. The judgment was pronounced on 16.12.2010. en-us Thu, 16 Dec 2010 00:00:00 +0530 Wed, 27 Apr 2022 18:53:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301936 The ITAT Chennai upheld the decisions of the ld. CIT(A) regarding depreciation on transformer and additional depreciation on windmill for the assessment year 2006-07, dismissing the Revenue's appeal. The court cited the requirement of operational connectivity for additional depreciation under section 32(1)(iia) and referred to precedent set by the Hon'ble Madras High Court in allowing additional depreciation on the windmill cost. The judgment was pronounced on 16.12.2010. Case-Laws Income Tax Thu, 16 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301936