Additional depreciation available on installation of power plant & windmill

DCIT Vs Nalwa Steel And Power Ltd (ITAT Delhi)

Facts- The assessee is engaged in the field of manufacturing and selling of sponge iron, billets, wire rod, TMT and generation of power etc. The assessee filed its e-return declaring total income of Rs.13,46,04,924 on 02/09/2011 and the said return was revised on 25/02/2012, by declaring return of income of Rs.13,76,20,792. After following the due proceedings under law and the assessment order has been passed against the assessee by assessing the income of the a

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