Assessee entitled to claim additional depreciation on windmill

Giriraj Enterprises Vs. Dy. CIT (ITAT Pune) Amendment to section 32(1)(iia) is clarificatory or giving impetus to the view that the additional depreciation is allowable on windmills as process of generation of electricity is akin to manufacture or production of an ‘article’ or ‘thing’. FULL TEXT OF THE ITAT ORDER IS AS FOLLOWS:- The aforesaid captioned cross appeals filed by the assessee and the Revenue are against the order of Commissioner (Appeals)-11, Pune, dated 17-8-2015 relating to assessment years 2011-12 & 2012-13 arising from the assessment order passed under section 143(...