Additional depreciation on windmil - A close reading of the ...

Income Tax

September 26, 2016

Additional depreciation on windmil - A close reading of the provision brings out that there is no requirement that the windmill should be used in any manufacturing activity - the assessee clearly satisfied the conditions of section 31(1)(iia) and is entitled to the claim of additional depreciation in respect of wind mills. - AT

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Additional depreciation on windmil - A close reading of the ...

Income Tax

September 26, 2016

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