No new facts therefore depreciation on windmill is allowable .Invested Own funds hence no disallowance can be made. (AY.2011-12)
Dy.CIT v. PTC India Financial Services Ltd. (2023) 103 ITR 15 (SN)(Delhi)(Trib)
S. 32 : Depreciation-Generation of power-Depreciation on windmill allowable-Own funds-No disallowance can be made.[S. 14A,R.8D].