https://www.taxtmi.com/caselaws?id=776761 ITAT MUMBAI held in favour of the assessee, allowing deduction under s.80IA(4)(iv). The Tribunal found generation and sale of wind power constituted a separate undertaking, supported by distinct accounting of income/expenditure and the Tax Audit Report describing electricity production/distribution as a business. The AO's disallowance treating windmill receipts as incidental to the main manufacturing business was set aside and the CIT(A) order granting the 80IA claim was upheld. en-us Tue, 07 Jan 2025 00:00:00 +0530 Tue, 19 Aug 2025 08:38:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776761 ITAT MUMBAI held in favour of the assessee, allowing deduction under s.80IA(4)(iv). The Tribunal found generation and sale of wind power constituted a separate undertaking, supported by distinct accounting of income/expenditure and the Tax Audit Report describing electricity production/distribution as a business. The AO's disallowance treating windmill receipts as incidental to the main manufacturing business was set aside and the CIT(A) order granting the 80IA claim was upheld. Case-Laws Income Tax Tue, 07 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776761