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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Additional depreciation of the Wind Mill - the contention that ...


Eligibility for Additional Depreciation on Windmills u/s 32(1)(iia) of Income Tax Act Challenged.

February 3, 2020

Case Laws     Income Tax     HC

Additional depreciation of the Wind Mill - the contention that the setting up of a wind mill has nothing to do with the power industry, namely, manufacture of oil seeds etc. is totally not germane to the specific provision contained in Section 32(1)(iia)

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