PRINCIPAL COMMISSIONER OF INCOME TAX-3 , KOLKATA vs. M/S. DAMODAR VALLEY CORPORATION
The appeal stands dismissed
ITAT/172/2017HC Calcutta17 Nov 2021
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
Section 260ASection 263Section 32(1)(iia)
200. Therefore, the revenue cannot dispute the fact
that the electricity needs to be construed as a movable property
as it being capable of being transmitted and transferred etc.
The next issue is whether the respondent/assessee would be
entitled to additional depreciation under Section
