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![Additional Depreciation allowable for Generation of Electricity: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/10/Refund-Claims-Delhi-High-Court-Taxscan.jpg "Additional Depreciation allowable for Generation of Electricity: Delhi High Court [Read Judgment]")
Additional Depreciation allowable for Generation of Electricity: Delhi High Court [Read Judgment]
A two-judge bench of the Delhi High Court has held that additional depreciation under section 32(1)(iia) of the Income Tax Act, 1961 is allowable to...
![‘Naphta’ used for Generation of Electricity is a ‘Marketable’ Product, Excise Duty can be Levied: Chennai CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Chennai-Petroleum-Corporation-Ltd.jpg "‘Naphta’ used for Generation of Electricity is a ‘Marketable’ Product, Excise Duty can be Levied: Chennai CESTAT [Read Order]")