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![Purchase of Windmill and Capitalisation in Books of Account: ITAT allows Depreciation [Read Order] Purchase of Windmill and Capitalisation in Books of Account: ITAT allows Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Windmill-Capitalisation-ITAT-Depreciation-TAXSCAN.jpg)
Purchase of Windmill and Capitalisation in Books of Account: ITAT allows Depreciation [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench allowed depreciation as there was Purchase of windmill and the same was capitalised in the...


![Relief to Honda: ITAT directs AO to delete Addition on account of Capitalisation of Royalty Expenses by Holding it to be Revenue in Nature [Read Order] Relief to Honda: ITAT directs AO to delete Addition on account of Capitalisation of Royalty Expenses by Holding it to be Revenue in Nature [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/11/7f993aba-8c6f-4f47-978e-4cab3563e356.jpg)