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Case Law Details

Case Name : ACIT Vs Kansara Popatlal Tribhovandas Metal Pvt. Ltd. (ITAT Ahmedabad)
Related Assessment Year : 2012-13
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ACIT Vs Kansara Popatlal Tribhovandas Metal Pvt. Ltd. (ITAT Ahmedabad)

ITAT Ahmedabad held that as the additional evidence produced clearly indicates that company has put to use the windmill turbine in the year, depreciation on the same is available.

Facts- In the return of income, depreciation of Rs.1,68,42,000/- was claimed by the assessee on windmill stated to be purchased and put to use after 01.10.2011. During the course of assessment proceedings, this claim of the as

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