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Justice T.S.Sivagnanam and V.Bhawani Subbaroyan noted that the assessee’s vendor had claimed depreciation to the extent of Rs.3 Crores within six years and when the owner sells the windmill to the new purchaser, the new purchaser cannot get the same benefit for the enhanced value, as there is no additional wind energy capacity installed. Ultimately, the assessing officer disagreed with the assessee and disallowed the claim of depreciation to the tune of Rs.77,12,640. Thus, the court appreciated the factual position and came to the conclusion that the order passed by the assessing officer requires no interference.
by Sekar Reporter · Published September 16, 2020
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Justices M Sathyanarayanan and P Rajamanickam made it clear that the concerned authorities will be liable for criminal prosecution if any accident takes place and causes grievous injuries or death till the effective and proper repairing or relaying work is carried out.
by Sekar Reporter · Published September 7, 2020


