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2014 (7) TMI 986 - AT - Income TaxAdditional depreciation on windmill for generation of power and electricity u/s 32(1)(iia) – Activity neither manufacture or production of any article or thing – Held that:- Following the decision in CIT vs. Hi Tech Arai Ltd. [2009 (9) TMI 60 - MADRAS HIGH COURT] – the provision does not state that the setting up of a new machinery or plant, which was acquired and installed up to 31st March, 2002 should have any operational connectivity to the article or thing that was already being manufactured by the assessee - the contention that the setting up of a wind mill has nothing to do with the industry, namely, manufacture of oil seeds etc. is totally not germane to the specific provision contained in s. 32(1)(iia) – Decided against Revenue.
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