Additional depreciation eligible on wind turbine generators used for generation of electricity

Wind World India Infrastructure (P) Ltd. Vs. Pr. CIT (ITAT Mumbai)

Assessee contended that wind turbine generators were used for generation of electricity, which is akin to manufacturing of an article or thing as the electricity is intangible and its effect can be seen and felt, transferred, delivered, stored, processed, etc. It was, thus submitted by the assessee that it was entitled towards the claim of additional depreciation in respect of the new plant and machinery purchased and installed by it for generation of electricity.

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