2014 (12) TMI 302

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....JUDGEMENT Per: K S Jhaveri: 1. By way of this appeal, the appellant-assessee has challenged the judgment and order passed by the Income-tax Appellate Tribunal, Ahmedabad Bench 'A' in ITA No. 2937/Ahd/2003 for the assessment year 1996-97. 2. While admitting this appeal on 2.8.2006, this Court has framed the following substantial question of law:     "Whether on th....

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....of assessment proceedings, the assessee was requested to show cause as to why actual cost of the Wind Mill along with the cost erection, foundation and installation of generators should not be adopted at Rs. 1,74,01,125/- and also show cause as to why no depreciation should be allowed at the rate of 50% i.e. Rs. 88,50,505/-. After discussion with the learned counsel of the assessee and in view of ....