2015 (11) TMI 1771 - HC - Income Tax

Computing deduction u/s 80IA in respect of the captive power generating unit - rate at which power was supplied by the Haryana State Electricity Board ( HSEB ) to various industrial units situated in the area constituted market price of power - HELD THAT - Substantial Question of law admitted.

Summary

The Delhi High Court admitted the case and framed a question regarding the market price of power supplied by Haryana State Electricity Board for computing deduction under section 80IA of the Act. The parties were allowed to file additional documents within eight weeks. The case was listed along with ITA No. 31 of 2014.