Court Rules Depreciation on Windmills Installed by March 31, 2005, Must Be Allowed if Legal Conditions Are Met.

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....Dis-allowance of depreciation on windmills – windmills installed & put to use on 31.03.05 – generation of electricity started in April 2005 – the claim for depreciation has to be allowed if the conditions prescribed in law are satisfied and admission by the Assessee cannot be the basis to sustain the dis-allowance of depreciation..... - AT....