TMI BlogDisallowance of deduction u/s 80-IA(8) - computation of the market value or electricity - The High Court...Disallowance of deduction u/s 80-IA(8) - computation of the market value or electricity - The High Court referred to a previous judgment and concluded that the market value of electricity supplied by the State Electricity Board to industrial consumers should be considered for computing the deduction under Section 80-IA of the Act. The ITAT's decision was upheld. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|