Held that the depreciation is allowable on solar plant on the date of put to use on which power was produced and not when it supplied electricity to the grid. (AY. 2013-14 to 2015-16)
ACIT v. B.G. Channappa (2022) 64 CCH 56 / 216 TTJ 963 / 214 DTR 74 (Bang.)(Trib.)
S. 32 : Depreciation-Solar plant-Put to use-Depreciation is allowable. [S. 32(1)(ii)]