If a investor wishes to invest in a existing windmill by buying the windmill from an existing owner :
a. Does the benefit of 80-IA be extended to the investor i.e. second buyer ?
b. If yes, will the second buyer be entitled for full 10 Year tax holiday OR will he be eligible only for the balance of period unavailed by the original owner ?
Please also reference any case laws in this regard if available.
Thanking In Advance.
Bala FCA., LL.B.