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Querist : Anonymous

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Querist : Anonymous (Querist)
11 January 2011 Depreciation on wind Mill claimed U/s. 32 of Income tax & Profit on generating the enery are claimed U/s 80IA of Income tax on computing the total income of Company because they are two different section & canot be interlink with each other.
wheter I am right or wrong. If right then provide us the case law to take the claim in both section seperetally.

Thanks

Rameshwar Sah

11 January 2011 You are wrong on this query.

Section 80IA ( 5) will superessed the sec 32.



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