AI Drafter 
TaxTMI 
TaxTMI 
2017 (10) TMI 1310
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.... 44 / 2017 45 / 2017 46 / 2017 47 / 2017 49 / 2017, 50 / 2017 - -<br>Income Tax<br> HON'BLE MR. S. C. SHARMA AND HON'BLE MR. ALOK VERMA, JJ O R D E R PER : S. C. SHARMA, J :- Regard being had to the similitude in the controversy involved in the present cases, the appeals were analogously heard and by a common order, they are being disposed of by this Court. Facts of I.T.A.No.....
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....hat the Wind Mill was not owned by the Assessee and the real owner and user of the turbine was M/s. Enercon India Ltd., It was held by the Assessing Officer that the necessary condition for claiming depreciation u/S. 32 the Income Tax Act, 1961 was not fulfilled as the assessee was not the owner of the asset. Being aggrieved by the order passed by the Assessing Officer, an appeal was preferred ....
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....n the assets which is not actually in the possession of the assessee ? (2) Whether the order of the Tribunal ignores and does not deal with the factual findings recorded by the assessing officer and is, therefore, perverse ? This Court has carefully gone through the order passed by the Assessing Officer, the order passed by the Commissioner, Income Tax appeal and the order passed by th....