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2013 (12) TMI 652 - AT - Income TaxDeduction claimed u/s 80-IA(4) – Held that:- Following CIT vs. Emerald Jewel Industry P. Ltd [2010 (8) TMI 648 - Madras High Court] – The assessee-company is eligible for deduction u/s 80-IA in respect of the income from Windmill installed by it - The unabsorbed depreciation set off in earlier years cannot be reduced from the profits for computing the deduction u/s 80-IA – The issue remitted back for fresh decision.
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