TMI Blog2019 (3) TMI 364X X X X Extracts X X X X X X X X Extracts X X X X ..... 1,447/- on Deep Discount Bonds (DDBs)? [B] Whether, on the facts and in the circumstances of the case, the Income Tax Appellate Tribunal was justified in confirming the order of Commissioner (Appeals) in allowing deduction of ₹ 95,98,355/- under section 80IA of the Income Tax Act, 1961 on wind farm division’s captive power plant? [C] Whether, on the facts and in the circumstances of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... DVOCATE with MRS MAUNA M BHATT(174) For The Respondent : MR B S SOPARKAR (6851) ORAL ORDER ( PER : HONOURABLE MS.JUSTICE HARSHA DEVANI) 1. Heard Mr. M. R. Bhatt, Senior Advocate, learned counsel for the appellant and Mr. B. S. Soparkar, learned advocate for the respondent. 2. Mr. M. R. Bhatt, learned counsel has invited the attention of the court to an order da ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vour of the assessee by the said decisions. 4. On the other hand, Mr. M. R. Bhatt, learned counsel for the appellant has submitted that the above decisions are more in respect of the rate of power generation and that the controversy involved in the present case is not clearly discussed in either of the judgments. 5. On a perusal of the above referred decisions cited by the learned advocate f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n 80IA of the Income Tax Act, 1961 on wind farm division s captive power plant? [ C] Whether, on the facts and in the circumstances of the case, the Income Tax Appellate Tribunal was justified in allowing carry forward of unabsorbed depreciation of ₹ 217,04,95,567/- of demerged entities, viz., M/s Nirma Limited? [ D] Whether, on the facts and in the circumstances of the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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